Creditors may require a guaranty of the loan by the debtor, which can include one or more members, investors, partners or shareholders of the debtor’s business organization. Depending on the creditor’s underwriting requirements, a guaranty may also be secured by additional collateral, such as a guarantor’s personal mortgage or security interest. This collateral is independent of the real estate that is the loan’s primary security. Guaranties are an added layer of protection for the lender, and provide another avenue for the creditor to pursue in the event of default by the debtor.