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Continuing Guarantee Agreement Smart Business Box

A contract for guarantee can be across a current or future liability and classified under specific and continuing guarantee. There are three parties involved in a continuing agreement the Creditor, Debtor and Surety. A continuing guarantee is spread over a series of transactions.


There are three main parties in a continuing guarantee-

  • Surety- The guarantor who accepts the responsibility of paying money for another person on defaulting.

  • Principal Debtor – is the debtor who gives the guarantee is a continuing guarantee.

  • Creditor- The person to whom the guarantee is offered is the creditor


Download Continuing Guarantee Agreement From Smart Business Box. Ready to Use, Draft, Edit, Save, Download, Print.





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