Loan Guarantee Letter

Loan Guarantee Letter

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LOAN GUARANTEE LETTER

[DATE]

Dear [RECIPIENT NAME],

I am contacting you on behalf of the borrower named [NAME] who is currently associated with your company. I am sure you are aware, [HE/SHE] submitted a loan application for [REASON].

I am confident that [HE/SHE] has the skills and determination to use this loan for [HIS/HER] advantage. That is why, I am more than happy to co-sign the loan agreement with your company.

Should [NAME] fail to meet any of the payments due, I am willing to cover the payments until [HE/SHE] is able to resume paying for them. Here are my account details: [DETAIL] .

Should you need any more details regarding the borrower or my own financial capabilities and information, please let me know through [YOUR PHONE NUMBER] or [YOUR EMAIL ID].

Regards,

[YOUR SIGNATURE]

[YOUR NAME]

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