What Do I Do If I Get This Job?
Jobs & Education2 mins ago
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For more on marking an answer as the "Best Answer", please visit our FAQ.The only way you may be able to get out of giving a guarantee is where you are looking at buying something with a value - eg a car. If you give (as an example) a 30% deposit, the finance company may see the asset (the car) as sufficient security and not require your personal guarantee.
If you are looking at raisingmoney for any other pupose - eg cashflow, then you would need a loan (as opposed to a lease or hire purchase agreement) and then the finance company will require your guarantee.
Most finance companies will not consider lending you any money if you are not either investing a load of money of your own or at the very least a home owner with equity inyour property.