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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