Equipment Leasing Companies » cross corporate guarantee http://www.equipmentleasingcompanies.com Business Directory, Resources, Jobs, and Industry News Sun, 28 Feb 2010 03:52:35 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Cross-Corporate Guarantee http://www.equipmentleasingcompanies.com/cross-corporate-guarantee/ http://www.equipmentleasingcompanies.com/cross-corporate-guarantee/#comments Wed, 04 Nov 2009 23:55:44 +0000 Celso http://www.equipmentleasingcompanies.com/?p=164 A guarantee by one corporation to cover the payments of another corporation if that other corporation was to default on its lease or loan. A cross-corporate guarantee is usually requested if the company trying to secure a lease is too new or not creditworthy for the dollar amount they are asking for.

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