Depending on how the guaranty is drafted, you could be on the hook for the full loan amount or other damages, even without a ...

You are considered personally liable with recourse loans if you default. Mortgages and auto loans are often recourse loans, though this may differ between lenders. Lenders may seize personal ...

Limited recourse debt is a type of debt that gives the creditor a claim on some but not all of a borrower's assets if they default on a loan. It sits between full recourse debt and non-recourse ...

Fresh off a win against Tides Equities, Barry Sternlicht’s Starwood is pursuing $110 million in personal guarantees.

Recourse – The borrower (or guarantor) is personally liable for the full amount of the loan, including any debt remaining after the collateral is foreclosed upon and sold. To satisfy the ...

Factoring is a way for business owners to get capital without having to take out a small-business loan. There are two types of invoice factoring — recourse and non-recourse factoring — which ...

Non-recourse litigation financing is used to manage risk and improve creditor recoveries in bankruptcies that have significant litigation assets or litigation between creditor groups. Litigation ...

WAYNE, PA, and NEW YORK—Trinseo PLC (NYSE: TSE) has announced a new $150 million non-recourse financing facility through Styron Receivables Funding Designated Activity Company. The deal ...