A payment guarantee template for lenders, borrowers and guarantors in England & Wales. Used to document a loan between businesses or individuals, or a guarantee securing performance of an obligation. Covers principal amount, interest, repayment schedule, events of default, security or guarantee terms, and remedies. Supplied as a Microsoft Word document with bracketed placeholders, ready to customise. Legal advice is recommended before signing. You can find a commercial contracts lawyer through Libra to draft or review your agreement.