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#304 Guarantors
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• Loans are Underwritten Based on the Primary Repayment (Cash Flow), and Secondary Repayment (Collateral) Sources, and a Tertiary Source (Guarantors)
• Loans are Not to be Made Based Only on the Strength of the Guarantor
• Recourse or Nonrecourse?
• A Properly Written and Signed Guarantee, with 'Consideration' Given to the Guarantor
• IMPORTANCE TO YOU - Lenders expect both 'ability and willingness' on your guarantee. Getting a case of 'guarantor fatigue'? You have a choice
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