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Getting a Personal Guarantee for a Business Loan – Even if you don’t use an SBA loan guarantee, most bankers will still require you to have a personal guarantee for your start-up loan. The bank wants you to have a financial stake in the success of the business and they want you to understand you can’t just walk away from the business if it fails and leave the bank holding the bag.

World Bank approves $180 mln loan guarantee for Kenya’s energy sector – NAIROBI, April 30 (Reuters) – The World Bank approved a $180 million loan guarantee on Monday for Kenya Electricity Generation Company to help strengthen the financial position of the state-run.

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5 Things to Know About Guaranteeing Your Company's Debt – Unless the loan agreement says otherwise, a guarantee is one of payment. This means that once there’s a default, the lender can seek payment from the guarantor (the person who gives his or her guarantee); the lender does not need to exhaust collection activities against the company that took the loan.

U.S. offers Vogtle nuclear plant $3.7 billion in loan guarantees – WASHINGTON The U.S. Department of Energy said on Friday it has offered an additional loan guarantee of up to $3.7 billion to companies building two nuclear reactors at the Vogtle plant in the state.

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