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The Hidden Liability in Your Vendor Agreements: How to Identify, Limit, or Avoid Personal Guarantees
Why This Matters: You incorporated your business to protect your personal assets. But buried in vendor credit applications and supply agreements, a single signature can erase that protection entirely — and most business owners never notice it. When your business opens a commercial account with a vendor, supplier, or trade creditor, you often fill out an application for credit terms. These forms seem routine: company name, address, references, a signature. But many of them co

Fiffik Law Group, PC
May 78 min read


How to Avoid Personal Liability When Signing a Business Contract
As a business owner, signing contracts is a common practice in the course of doing business. However, it's essential to understand that...

Fiffik Law Group, PC
Jul 1, 20243 min read


Small Businesses Struggling to Pay Rent
U.S. small businesses' rent delinquencies jumped in October as persistent inflation pressures ate away at their earnings. Specifically,...

Fiffik Law Group, PC
Nov 16, 20222 min read


Personal Guaranty Loopholes
Obtaining financing is one of the biggest challenges facing business owners . Virtually every bank will require a personal guaranty ...

Fiffik Law Group, PC
Jul 13, 20225 min read
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