Company cross guarantees

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Unless companies are in the same group of companies, it proves difficult for banks to enforce inter-company cross guarantees. The question is, what sort of consideration would a third party gain from making such a guarantee?

Each case always has to be considered on its own merit but it is an important issue, so get good advice so you can be sure of your ground.

For more information, take a look at our website personal-guarantee.co.uk, or give us a call on 0845 055 8457 0845 055