Is A Loan Agreement A Security

These are important documents drawn up between the two parties at the time of the granting of credits. After the signature of the general guarantee agreement, the debtor is obliged to perform the acts referred to in the agreement, for example. B to repay a certain amount to the lender, without allowing third parties to take measures concerning the security of the guarantees without the agreement of the lender and not to change the control of the enterprise without the agreement of the lender. Borrowers and lenders must sign the general guarantee agreement. In addition, the creditor may apply to an individual or companyCorporationA company is a legal person created by individuals, shareholders or shareholders for the purpose of working for profit. .