Guaranty Agreement (Personal / Corporate)

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Lending to a business — or being asked to personally back a loan? PaperKit drafts a proper Guaranty Agreement: the doc where a guarantor guarantees a borrower's obligation under a promissory note, loan agreement or line of credit to a creditor. It's the personal guaranty behind almost every small-business loan. Pick the kind of guaranty: guaranty of payment (the creditor can come straight after the guarantor the moment the borrower defaults, without suing the borrower or chasing collateral first), guaranty of collection (the creditor must first exhaust its remedies against the borrower and any collateral before pursuing the guarantor — PaperKit adds the conditions-to-pursuit section with a borrower cure window), or limited (capped liability — PaperKit computes the effective cap as the lesser of a dollar cap and a percentage of the guaranteed obligation). Choose whether the guarantor is an individual (a personal guaranty) or a corporate entity, whether it's a continuing guaranty that covers future advances, and whether the usual presentment/demand/notice waivers apply. Hosted online for the guarantor to review & e-sign. Clean PDF.

Creditor / Lender (the party owed the debt — drafting party)

Creditor name *

Legal entity (optional)

Role label

Signer name

Signer title

Email (optional)

Notice address (optional)

Borrower (the primary obligor whose debt is guaranteed)

Borrower name

Entity type (optional)

Guarantor (the party backing the debt & e-signing)

Guarantor name

Entity type (optional)

Authorized signer (if an entity)

Signer title (if an entity)

Guarantor email (optional)

Guarantor phone (optional)

Guarantor address (optional)

What kind of guaranty?

The big lever — it decides WHEN the creditor can pursue the guarantor, and which sections + math appear.

Guaranty of payment: absolute and unconditional. The moment the borrower defaults the creditor can come straight after the guarantor for the full amount — no obligation to sue the borrower or chase collateral first. The most common, creditor-favorable form.

Is the guarantor an individual or an entity?

Drives the document title (Personal Guaranty vs Guaranty Agreement) and the acceptance wording.

The obligation being guaranteed

The note, loan or credit line the guarantor is standing behind.

Obligation description

Obligation amount (optional)

Obligation date (optional)

Scope & waiversContinuing guaranty (covers renewals, increases & future advances until paid in full)Guarantor waives presentment, demand & notice of default (adds a Waivers section)

Governing law & extras

Governing law (optional)

Additional terms (optional)

Live preview

A real, section-by-section guaranty. The guaranty-type choice drives when the creditor can pursue the guarantor and which sections/math appear. Publish to get a hosted link the guarantor can e-accept online.

Enter the creditor name…

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A guaranty is a template for convenience, not legal advice. It creates real personal (or corporate) liability for another party's debt; the underlying loan documents and applicable state law continue to govern enforceability, notice and waiver. PaperKit is not a law firm. Review the guaranty and consult a qualified attorney.