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Contribution Agreements
If you are being asked to provide a guarantee or security in support of a loan you may want to limit the amount of your guarantee to the proportion of your interest in the business or company.
A contribution agreement can therefore limit the guarantee you give to:
- your interest in the business
- the number of shares you hold in the company
- some other criteria
At Hart Brown our specialists can draft a contribution agreement if you are lending money or explain the terms of a contribution agreement if you are supporting a borrowing. Banks will normally require you to have the document formally explained to you.
To speak to someone who can help with a contribution agreement or any other legal matters relating to your business call, email or request a call back from one of our specialist lawyers.