Sentence Examples

  • Often, the borrower is a company that operates as a corporation or limited liability partnership, while the guarantor may be an individual who has an interest in the company.
  • The lender will also want to examine the creditworthiness of the mortgage guarantor, which could be different from the borrower.
  • The guarantor will go through a credit check similar to that of someone who is applying for a home mortgage.
  • As the three co-guarantor towns were unable to pay their share,.
  • Personal guarantees were often given that the debtor would repay or the guarantor become liable himself.