Does the patent loan program require a personal guarantee?

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Source: FAQ (MPEP-Based) BlueIron Update: 2024-09-09 5 Related FAQs This page is an FAQ based on guidance from the Manual of Patent Examining Procedure. It is provided as guidance, with links to the ground truth sources. This is information only: it is not legal advice. No. The patent loan program does not normally require a personal guarantee. We provide an insurance product that will guarantee a lender in case of a default. However, a lender may still have the final say as to whether or not to require a personal guarantee. Other Related FAQs 5 FAQs Collapse How is the value of my IP determined for a loan? What types of IP can be used for IP-backed loans? My patents are being infringed. How does that affect a patent-backed loan? What is the effective interest rate of a patent loan? Is the patent loan program available to pre-revenue companies?