Director's Guarantee
A Director's Guarantee can be used when a personal guarantee of the director or directors of a company is required, for example, to guarantee the company’s performance of certain contracts.
Last updated January 14, 2025
Suitable for Australia
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What is a director's guarantee?
What is a director's guarantee?
When should you use a director's guarantee?
When should you use a director's guarantee?
What should be in a director's guarantee?
What should be in a director's guarantee?
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Frequently asked questions
Who is personally liable under this guarantee?
keyboard_arrow_upWhat types of liabilities can this guarantee cover?
keyboard_arrow_upCan more than one director be required to sign?
keyboard_arrow_upWhat are the risks of signing this guarantee?
keyboard_arrow_upAre there ways to limit your liability?
keyboard_arrow_upWhat protections does this document offer creditors?
keyboard_arrow_upWhat should you do after signing?
keyboard_arrow_upView Sample Director's Guarantee
The Legal Risk Score of a Director's Guarantee Template is Medium
Our legal team have marked this document as medium risk considering:
- The guarantor is required to cover all payments and obligations of the company if it fails to meet its commitments, which could lead to significant financial liability.
- The lender has the authority to obtain and exchange information about the guarantor’s personal and commercial credit, potentially affecting the guarantor's privacy and credit status.
- The deed has specific signature requirements.
Meet Our Users
Articles about Director's Guarantee
Thinking of Signing a Director’s Guarantee? Read This
Is your business looking to borrow money for expansion? Learn about what it means to be signing a Director's Guarantee and the consequenes of doing so.
Can I Terminate a Director's Guarantee?
Have you signed a director's guarantee? Find out the implications of a director's guarantee and whether you are allowed to terminate it.
Everything Company Directors Should Know About Liabilities
Liabilities of directors can take many forms. What if you could avoid being personally liable when things go wrong? Find out all the details.
6 Key Duties of Company Directors in Australia
All company directors in Australia have to abide by directors duties as outlined in the Corporations Act. Find out more here.
When Directors Are Liable for Company Debts
Are you a company director? Here’s when you’ll be liable for company debts.
What Are Director Fees?
Learn all about director fees and how to manage the tax obligations that arise from these payments.
What is a Company Limited by Guarantee in Australia
What is a company limited by guarantee? Read this article to learn what they are and how these companies are used.
What's a Personal Guarantee?
Interested in getting involved with a personal guarantee? It's important to understand what it is. Our article breaks it down, and how it can affect you.
Director Penalty Notices (DPNs) Explained
A Director Penalty Notice (DPN) is a notice that can be issued to directors for payment of some company tax debts. Find out more in this article.
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