Letter- SPECIFIC GUARANTEE
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Writing well, just like speaking well is a valuable communication skill especially when it comes to business matters.
Business letters tend to be more formal and are often sent to people we don’t know. They need to convey the right tone - whether it be authority, disagreement, satisfaction or gratitude.
Whenever you write to a prospect, customer, supplier or an employee it is vital to present a professional document so you can make the right impression.
To get you started, we've prepared a list of standard business letter templates. You can use them freely for your own use with our compliments.
You are not permitted to reproduce these letters on any medium for public display or re-sale.
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FOR GOOD AND VALUABLE CONSIDERATION, and as an inducement for _ [Company] to extend credit to _ [Borrower]; the undersigned jointly and severally and unconditionally guaranty to Company the prompt and full payment of the following debt owed to Company from Borrower:
And the undersigned agree to remain bound on this guaranty notwithstanding any extension, forbearance or waiver, or release, discharge or substitution of any collateral or security for the debt. In the event of default, the company may seek payment directly from the undersigned without need to proceed first against Borrower.
This guaranty shall be binding upon and inure to the benefit of the parties, their successors, assigns and personal representatives.
Signed under seal this ___ day of ____, 20 __.
© R. P. Emery & Associates - www.rpemery.com
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