Guarantees/securities
New ways towards a guarantee
With a guarantee, the guarantor is obliged towards the creditor of a third party, to vouch
for the fulfilment of its liabilities. In the case of the third party this usually involves someone
taking a loan and in the case of the creditor, a bank, which secures itself with the guarantee in
case the debtor is unable to pay. A guarantee thus has direct effects on the credit line of a
company.
HANSEKONTOR develops alternative solutions for you on how you can obtain a suitable guarantee in
cooperation with your house bank, but without having to lay a claim on it. You can thus gain new
scope for your current account.
Guarantees/securities
Good to know
Unlike mutual agreements where both parties are entitled and obliged to the guarantee is a binding contract unilaterally. The creditor is only entitled to the guarantor undertakes only. The Holder may arise under the contract no obligations.