The latest feedback from Purbeck highlights the stress factors in the construction sector right now; Applications for personal guarantee insurance (PGI) from construction businesses to support business loans rose 113% year on year in the […]
The latest from HSB; Specialist engineering and technology insurer, HSB, has appointed David Swigciski as the new Managing Director of Premier Guarantee. Swigciski (below) succeeds Jacki Goodman following her retirement at the end of 2023. […]
The welcome from Purbeck is warm, as the FCA announces an investigation into personal guarantee financing options; As the FCA outlines its plan to address the Federation of Small Business’ super-complaint regarding the use of […]
The latest from the FCA, who are looking at the small biz lending sector. It’s an area where personal guarantees can often be required, which can lead to sever financial stress for many sole traders, […]
Feedback from Purbeck as the UK government looks at the current system of directors having to guarantee assets to obtain business finance. Responding to the oral evidence provided to the Treasury Committee’s Inquiry into SME […]
The latest from HM Govt; The UK signs war-risk insurance Statement of Intent with European Bank for Reconstruction and Development to help UK companies to do business in Ukraine. The UK will sign a Statement […]
Personal guarantee insurance (PGI), a product used by small business owners to protect against the risk of a personal guarantee being called in for a business loan, saw a steep rise in popularity in 2022 […]
Demand for personal guarantee backed finance from small businesses doubled in March 2022, as firms grappled with rising costs according to Purbeck Personal Guarantee Insurance. Applications for Personal Guarantee Insurance to support small business funding rose 50.5% […]
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