Category Archives: Banking and Corporate Finance

Saying “No” To Personal Guarantees By Spouses

Print Version Your company’s banker wants the personal guarantee of your spouse. Just say No. The best way to say it and make it stick is never to even hint that a guarantee from your spouse might be possible.  This … Continue reading

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Protecting Business Profits – The Holding Company As “Banker”

Print Version Among their many profitable activities, banks are in the business of making commercial business loans. Banks are also very good at protecting the recovery of these loans by taking security that puts them ahead of all other creditors … Continue reading

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The Lender’s Use and Disclosure of Borrower’s (and Guarantors’) Personal Information

Print Version Banks, lessors, mortgage companies and other lenders routinely collect personal information about borrowers and guarantors when underwriting credits, and frequently have a need to later disclose this personal information to receivers, bankruptcy trustees, monitors and others in debt … Continue reading

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