Because we give you Unlimited Working Capital, Credit Protection, and include A/R Management Services in our fee, the real risk is your performance in meeting your customer’s needs and, sadly, the occasional fraud. We ask that you stand behind your work and be honest with us in all our dealings. This is why we ask for Personal Guarantees from your company’s ownership. If you have corporate ownership, are not privately owned, or private equity-backed, many times a validity indemnification or “bad boy guarantee” will suffice. Personal guarantees and validity indemnifications, at least for Bankers Factoring, are about making sure we have the owner’s and senior management’s cooperation and commitment if problems arise and not because we want to sue you to get back our principle to pay back our little old lady investors. We have no interest in going after helpful guarantors; we are just looking to come out whole.