Which statement is true regarding a lender's requirements from company directors when borrowing is involved?

When a company borrows money from a lender, it is common for lenders to request personal guarantees from the directors. This means that the directors provide a commitment to repay the company's debt personally if the company defaults on the loan. This requirement is viewed as a form of security for the lender because it ensures that individuals with control over the company are accountable if the company fails to meet its financial obligations.

Personal guarantees reduce the risk for lenders, particularly when the company may not have substantial assets or a proven track record. It also aligns the interests of the directors with those of the lender, as directors have a personal stake in the loan's repayment if they are held liable for it.

The other options do not accurately reflect standard lending practices. While the company may provide collateral for loans, it is not universally required for all loans, as some may be unsecured. Similarly, the notion that directors cannot be held accountable for company debts overlooks the significance of personal guarantees and other circumstances where directors might face personal liability, such as breaches of duty or certain corporate governance failures. Hence, the option stating that a lender can require personal guarantees from directors is correct.