No, the corporate seal represents one entity, a corporation, and a personal guarantee is from another entity. Often the personal guarantee is made by an interested party, an owner of the corporation. In that case, you have both the corporation signing and the owner, in an individual capacity. This is common in lending to business and commercial customers.
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No, the corporate seal represents one entity, a corporation, and a personal guarantee is from another entity. Often the personal guarantee is made by an interested party, an owner of the corporation. In that case, you have both the corporation signing and the owner, in an individual capacity. This is common in lending to business and commercial customers.
