Designing a solid security package: Limited recourse and limited amount guarantees

Types of securities

9 minute read
12 January 2023


Now we're going to address a topic we often receive questions about from our lender clients: namely, the strategic use of limited recourse guarantees and limited amount guarantees to secure the repayment of loans.

In this video we discuss:

  • The nature of guarantees
  • Unlimited and unconditional guarantees
  • The need for special guarantees
  • Uses for limited recourse and limited amount guarantees

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How we can help

If you have any specific questions about the points discussed or it's specific application, please reach out to our Banking & Finance Group or Stephanie Harvey.

About the series

Bankers often require security to be executed on loan transactions, but may not understand what it is, or how to identify complicating factors. This series will survey common security documents, and work through associated issues a financial professional may encounter in this space, including: guarantees, security agreements, mortgages, assignment of rents, assignment of insurance, share pledge agreements, and security agreements over intellectual property, among others.

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