Quote Originally Posted by Capitalize Group View Post
As far as a funder is concerned, if an ISO isn't personally willing to back up the terms of the ISO agreement than he isn't worth doing business with.

At the end of the day, anyone who's doing business with some common sense will solve most issues without having to resort to a contract.

If it gets to the point where the funder needs to pull out the contract, than it means the ISO likely did something malicious. The personal guarantee is to protect from those people, not your every day, hard working, honest ISO.
Great way of putting it. No malicious intent behind having it in the agreement.