A guarantee is signed to get a subsidiary a facility, or to support a supplier relationship, or because the bank asked. It feels contingent, and the assumption is that it only bites if things go badly wrong.
The wording usually says otherwise. Continuing security covering all present and future liabilities. Payable on demand without the lender first pursuing the borrower. Unaffected by variations to the underlying facility the guarantor never sees.
The obligation is often far wider and far more immediate than anyone at board level understood when it was approved.
Corporate Guarantee and Indemnity
Advisory and drafting for corporate guarantees, indemnities, letters of comfort and support arrangements — the scope and duration of the obligation, whether it is primary or secondary, limits and caps, the effect of variations to the underlying obligation, and release and discharge.
Your Vision, Backed by the Right Legal Support
You build the business. We help you protect it.
Imagine a board approving a guarantee with a clear note of the maximum exposure, the trigger, the duration and the release conditions. The obligation is understood, capped where possible, and reviewed as circumstances change.
Who this service is for
This Is For You If…
Holding companies guaranteeing subsidiary obligations
Companies asked to guarantee a supplier, landlord or financing arrangement
Directors approving a guarantee and needing the exposure quantified
Businesses seeking release of a guarantee after a sale or refinancing
Parties negotiating the scope of a guarantee demanded by a counterparty
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What we will do for you
This is what we will do for you
<ul><li>Analyse the proposed guarantee and quantify the actual exposure</li><li>Advise whether the obligation is primary, secondary, capped or continuing</li><li>Negotiate limits, duration, and the effect of variations to the underlying obligation</li><li>Prepare the board approval and record the decision properly</li><li>Handle release and discharge on sale, refinancing or repayment</li></ul>
What’s Included
What’s Included in our service for you
Analysis of the proposed guarantee and exposure quantified
Advice on scope, duration and whether the obligation is primary
Negotiation of caps, limits and variation protections
Board approval documentation and record
Release and discharge on repayment, sale or refinancing
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Why Choose Legal That Works?
Why Choose Us To Assist You?
Digital-first
No office visit required—review and sign online
Transparent fees
Fixed price, no billing surprises
Deep experience
Various contracts across industries
Accessible
Our client portal keeps you informed
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We've Helped
You Need To Act Now
Important: Limited Slots
Guarantees are negotiable before signature and enforced afterwards on their exact wording. There is no equitable adjustment for what the board assumed.
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Nothing to Lose. Everything to Protect.
No Surprises. No Guesswork. Just Legal That Works.
Before anything starts, we speak with you to understand your business and make sure the service is the right fit. If it is not, we will say so upfront. No pressure. No wasted time. We only take on matters we are confident we can deliver with quality. That is why business owners trust us to get it right.
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Frequently Asked Questions
What is Legal That Works?
Legal That Works is a digital-first legal service designed by ASCO LAW (Messrs Akmal Saufi & Co) specifically for business owners and founders. We help you structure, grow, and protect your business through practical legal solutions—delivered fast, in plain English & Bahasa Malaysia, and with no office visit required.
What if I’m not sure what legal service I need?
No problem. Most business owners aren’t legal experts! Just reach out. Our team will guide you to the right service or help you understand your options—without jargon or upselling.
What is the difference between a guarantee and an indemnity?
A guarantee is secondary to someone else's obligation; an indemnity is a primary promise to cover loss. The distinction matters greatly in enforcement.
Can a guarantee be capped?
Often yes, by amount, by time or by reference to specific facilities. Whether the counterparty accepts is a negotiation worth having.
Does a variation to the loan release the guarantor?
It depends entirely on the wording. Most bank forms are drafted specifically to prevent that outcome.
How do we get a guarantee released after selling a subsidiary?
Only the beneficiary can release it. This should be dealt with as a condition of the sale, not afterwards.
Is board approval required?
It should be documented in every case, and there are situations where shareholder approval is also needed.
Are your services affordable?
Our transparent fee structure means no billing surprises. Membership unlocks the best rates, but even one-off services are designed to be clear and competitive. You’ll always know what you pay.
Who will be helping me?
All our services are delivered by our licensed lawyers under the Malaysian Bar with proven experience across industries. You’ll work with a real legal team, not chatbots or generic customer support.
Is everything done online?
Yes. Our service is fully digital. You can consult, review documents, sign agreements, and access your files securely from anywhere. No office visit required unless you want to meet in person. No office visit is required. If you require us to attend at your office or outside meetings, additional charges will apply.
What’s the difference between One-Off Service and Membership?
(1) One-Off Service: Pay for what you need, when you need it. Perfect for single transactions or urgent matters (2) Membership: Subscribe for ongoing access, priority support, and special pricing. Membership means you get a legal partner who truly understands your business.




































