Fortune Telling Collection - Horoscope - An enterprise as a legal person lends money to a bank in the name of an enterprise, and its personal property is guaranteed. If the due loan is not paid off, is there any risk to the enterprise? Other
An enterprise as a legal person lends money to a bank in the name of an enterprise, and its personal property is guaranteed. If the due loan is not paid off, is there any risk to the enterprise? Other
An enterprise as a legal person lends money to a bank in the name of an enterprise, and its personal property is guaranteed. If the due loan is not paid off, is there any risk to the enterprise? Other shareholders of the enterprise are at risk.
In fact, it is a corporate loan, a loan guarantee made by individuals for enterprises. After loans overdue, the enterprise itself should bear the liability for breach of contract and be the first repayment obligor. If the individual's guarantee liability is joint and several liability, then the bank may require the borrower or one of the guarantors to be responsible for repayment, and the guarantor may recover from the borrower after repayment. If it is a general guarantee responsibility, then the borrower can't or can't repay the debt, and the guarantor can fulfill the guarantee obligation. If the debt default is serious, the enterprise will face bankruptcy liquidation, assets freeze and shareholders' interests will be damaged.
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