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PAYMENT OF INSTALLMENT GUARANTEE

We’ve prepared a bundle of letter templates to be used in general business situation. Feel free to use them with our compliments. However we ask that you do not reproduce these templates on any medium for public display or re-sale.

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Dear______________:

As inducement for you to approve and ship the captioned entity’s order for [specify] and ancillary equipment, _______________________________, hereinafter called the guarantor agrees to guarantee payment of the [number] installments of the [number] year conditional sales contract.

Guarantor acknowledges and agrees that it may receive a substantial benefit from the said agreement between [name of supplier] and [name of user].

By ______________________

Dated ______________________

 

© R. P. Emery & Associates – www.rpemery.com

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