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Credit Flex

What is a personal guarantee?

A personal guarantee is a legally binding agreement, where you – as the business owner or director of the company – agree to be personally liable for the repayment of the company loan.  

Signing a personal guarantee means that if your business becomes unable to pay the monthly instalments, you will take responsibility for repaying the loan in your personal capacity. 

View your personal guarantee in your Tide app. Tap:

  • Finance > Loans

  • Credit Flex > Manage

  • Personal Guarantee

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