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Business Owners Still Betting Their Assets on Recovery

8 July 2021 alastair walker 0

The final COVID loans data released by the Government this week failed to provide clarity on the total value of loans which required the business owner or director to sign a Personal Guarantee, putting their […]

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Will Your Business Stand Another Month of Lockdown?

15 June 2021 alastair walker 0

As many businesses face the financial impact of four more weeks before pandemic restrictions lift, small business owners who have become personal guarantors for CBILS loans over £250,000 are being warned that lenders will come […]

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UK Insurance Trends

SME Owners Keep Mum on Personal Guarantee Loans

3 June 2021 alastair walker 0

The personal financial risk of becoming a personal guarantor for a business loan has become a fact of life for 1 in 3 small business owners but it’s also a secret for 1 in 5.  […]

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Revealed: SMEs Borrowed £1.5bn Against Their Assets During Lockdown

21 May 2021 alastair walker 0

A Freedom of Information request to the British Business Bank has revealed the full scale of personal risk SME business owners took through the Coronavirus Business Interruption Loan Scheme (CBILS).  The request by Purbeck Personal Guarantee […]

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News

News Bites: Your Insurance Coffee Break

17 March 2021 alastair walker 0

In the timeless style of The Day Today, we offer you some handy insurance news biscuits to dunk in your morning brew. I’M AN AMERICAN, GET ME OUT OF HERE InsureMyTrip, the US travel insurance […]

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News

Over £1bn In CBILS Loans Backed By Directors’ Assets

4 February 2021 alastair walker 0

A Freedom of Information request to the British Business Bank has revealed the high personal risk the owners and directors of smaller businesses have taken to secure funds through the Coronavirus Business Interruption Loan Scheme […]

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InsureTech

Insurtech UK: Public Letter to Govt After Corona Hit to Start-Ups

3 April 2020 alastair walker 0

The UK insurtech sector has enjoyed a period of huge innovation and investment, not just from the UK but across the globe, in the last decade or so. Coronavirus is bound to make companies look […]

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Insurance Brokers

Corona; Govt Business Loan Scheme Could Provide Acquisition Funds

1 April 2020 alastair walker 0

This could be good news for brokers or MGAs, depending on their individual circumstances of course; The UK government has launched the Coronavirus Business Interruption Loan Scheme (CBILS) as it looks to help UK SMEs […]

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