Business A and B are owned by the same individual

Business A obtains a loan and states that Business B will also guarantee. We use an Unlimited Guarantee. Future loans for Business A are obtained and in each situation, the owner indicates that Business B will again guarantee. The original Unlimited Guarantee is referenced.

So long as the intent to continue the guarantee is documented (in each case) there should be no issue with Reg B, correct?

(And yes I agree that this process creates a mess/timebomb)

As long as you have the proper resolutions on file from Business B, documenting Business B's intent to guarantee Business A's debt, I am not sure what more you would need.

Thank you