If you are borrowing in the name of a company your bank will always require the directors and sometimes others to personally guarantee the obligations of your company. If the bank requires a guarantee from someone who is not a director or from someone that they suspect gets no benefit from the loan then they may insist that the guarantors get legal advice. This is done by insisting that a lawyer give a certificate confirming that the lawyer has provided legal advice. Lawyers are not keen to give this advice for a number of reasons: 1. Lexon is the company that provides insurance to all Queensland lawyers. Lexon sees the issuing of these certificates as risky. 2. Many of the clauses in the bank guarantees are inherently unfair.