Ƶ

All Countries
Banking
Personal Guarantor Form

Personal Guarantor Form Template for New Zealand

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Personal Guarantor Form

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Personal Guarantor Form

"I need a Personal Guarantor Form for a small business loan of NZD 500,000 where two company directors will act as joint guarantors, compliant with New Zealand law and including provisions for staged drawdown of the loan throughout 2025."

Celebrated by
Collaborations with
Investors
Document background
The Personal Guarantor Form is a critical legal instrument used in New Zealand business and financial transactions where additional security is required for credit arrangements. This document is typically employed when a creditor requires extra assurance beyond the principal debtor's commitment, such as in business loans, commercial leases, or significant financial agreements. The form must comply with New Zealand's robust consumer protection and financial services regulations, including the Credit Contracts and Consumer Finance Act 2003. It contains essential elements such as the scope of guarantee, payment terms, enforcement mechanisms, and mandatory disclosure requirements. The document is particularly relevant in situations where businesses or individuals seek credit but require additional support to secure financing, making it a fundamental tool in New Zealand's commercial and financial landscape.
Suggested Sections

1. Parties: Identifies the Creditor, Principal Debtor, and Guarantor with full legal names and addresses

2. Background: Explains the context of the guarantee, including the underlying debt or obligation being guaranteed

3. Definitions: Defines key terms used throughout the document

4. Guarantee and Indemnity: Core section stating the guarantee obligations and indemnity provisions

5. Extent of Guarantee: Specifies the scope and limit of the guarantee amount and covered obligations

6. Guarantor's Obligations: Details the specific obligations and responsibilities of the guarantor

7. Duration and Enforcement: Specifies when and how long the guarantee remains in effect and enforcement mechanisms

8. Creditor's Rights: Outlines the rights of the creditor in relation to the guarantee

9. Representations and Warranties: Guarantor's confirmations about their capacity and understanding

10. Payments: Specifies how and when payments must be made under the guarantee

11. Notices: Details how formal communications between parties should be made

12. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and severability

Optional Sections

1. Multiple Guarantors: Additional provisions for when there is more than one guarantor, including joint and several liability

2. Security Provisions: Used when the guarantee is secured against specific assets

3. Independent Legal Advice: Certificate section for when independent legal advice is required or recommended

4. Guarantee Limit: Section defining specific monetary or temporal limits on the guarantee

5. Corporate Guarantor Provisions: Additional provisions required when the guarantor is a company

6. Release Conditions: Specific conditions under which the guarantor may be released from obligations

7. Priority Arrangements: Used when there are multiple guarantees or security interests to establish priority

Suggested Schedules

1. Schedule 1: Guaranteed Obligations: Detailed description of the obligations being guaranteed

2. Schedule 2: Security Details: Details of any security provided in support of the guarantee

3. Schedule 3: Independent Legal Advice Certificate: Certificate to be completed by the guarantor's independent legal advisor

4. Schedule 4: Guarantor's Statement of Position: Financial statement of the guarantor's assets and liabilities

5. Appendix A: Key Information Disclosure: Mandatory disclosure information required under the CCCFA

6. Appendix B: Guarantee Limit Calculation: Details of how any guarantee limits are calculated and applied

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions


























Clauses




















Relevant Industries

Banking and Financial Services

Real Estate

Commercial Lending

Retail

Construction

Small Business

Professional Services

Manufacturing

Property Development

Wholesale Trade

Relevant Teams

Legal

Credit Risk

Compliance

Commercial Lending

Credit Administration

Collections

Business Development

Account Management

Finance

Underwriting

Relevant Roles

Credit Manager

Risk Assessment Officer

Legal Counsel

Commercial Lending Manager

Credit Analyst

Compliance Officer

Financial Controller

Business Development Manager

Account Manager

Collections Manager

Underwriter

Corporate Lawyer

Banking Relationship Manager

Finance Director

Credit Administration Officer

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Commercial Lease Guaranty

A New Zealand law-governed guarantee agreement where a third party guarantees a tenant's obligations under a commercial lease.

find out more

Personal Guarantor Form

A New Zealand-compliant legal document where an individual guarantees to fulfill another party's financial obligations to a creditor.

find out more

Loan Agreement With Guarantor

A New Zealand-governed agreement establishing a loan arrangement between lender and borrower, secured by a third-party guarantor's commitment to fulfill the borrower's obligations if they default.

find out more

Tenancy Agreement With Guarantor

A New Zealand residential tenancy agreement that includes a guarantor provision, ensuring additional security for the landlord while complying with NZ tenancy laws.

find out more

Deed Of Guarantee For Tenancy

A New Zealand legal document where a guarantor agrees to fulfill a tenant's obligations under a tenancy agreement if the tenant defaults.

find out more

Guarantor Indemnity Agreement

A New Zealand law agreement where a guarantor commits to ensuring another party's obligations and indemnifying the creditor against losses from default.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.