Personal Guarantee Template (Simple)

Business owner personally guarantees a company's debt to a lender, landlord or supplier.

Use this free template Free account, so you can save and send it. Log in

Simple: a 1–2 page short form with just the core terms.

This template is not legal advice; consult a licensed attorney in your state. Laws, required disclosures and signing formalities (witnesses, notarization, recording) vary by state and county.
E-Sign Auto is not a law firm and does not provide legal advice.

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1. Parties2. Details 1/23. Details 2/2

Parties

Signing order: Guarantor → Creditor. Each signer is invited after the previous one signs.

1. GuarantorFull name *Email (to send the signing link)

2. CreditorFull name *Email (to send the signing link)

Signature, date and name fields are added for every signer automatically.

Details 1/2

Effective date *Guarantor addressBusiness whose debt is guaranteed *Obligation guaranteed (agreement, account, credit line)Maximum amount ($, optional) *Governing state *

Details 2/2

County for venue [STATE-SPECIFIC] *

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Signature, initials (every page) and date fields are placed for each party. You can review and adjust them before sending.

Live preview

What the sections mean (plain English)

GOVERNING LAW: Which state's law applies and where any lawsuit must be filed.
DISPUTE RESOLUTION: How disagreements get handled before anyone goes to court.
SEVERABILITY: If a court strikes one clause, the rest still counts.
ENTIRE AGREEMENT; AMENDMENTS: How this document can be changed later.
NOTICES: How the parties must officially contact each other.
COUNTERPARTS; ELECTRONIC SIGNATURES: E-signatures are valid and each party can sign separately.
Optional clauses: Extra terms you can switch on or off in step 3. Leave them off if unsure.

How to use this Personal Guarantee template

Answer the guided questions. Your name and company fill in automatically from your profile.
Pick the governing state and complete the [STATE-SPECIFIC] blanks. Switch optional clauses on or off.
Check the live preview, then create the document. Signature, initial and date fields are placed for each party.
Review the fields and send. Each party signs in order, and everyone gets the signed PDF.

Frequently asked questions

Is this Personal Guarantee template free?

Yes. You can fill it in, download it and send it for electronic signature with a free E-Sign Auto account.

Is an electronically signed Personal Guarantee legally binding?

In the U.S., the federal ESIGN Act and state UETA laws generally give e-signatures the same effect as handwritten ones. Check your state's rules.

Does this template work in my state?

It is a generic, state-neutral starting point. Pick your governing state and complete every blank marked [STATE-SPECIFIC]. This template is not legal advice; consult a licensed attorney in your state.

Who signs, and in what order?

Guarantor, then Creditor. Each signer gets a secure link in that order, with signature, initial and date fields already placed.