Independent Legal Advice
Essential Independent Legal Advice for Loans and Personal Guarantees
If you're considering obtaining a loan or giving a personal guarantee (either for a company you're related to or a relative), the bank will usually require you to obtain independent legal advice from a third party lawyer. This helps give the bank comfort knowing you understand your obligations as the guarantor. Sometimes a guarantee includes giving an indemnity as well. We can help you meet your obligations to the bank to obtain the loan by providing the necessary advice and signing the independent legal advice certificate the bank requires.