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% […]
As renewal season for Solicitors’ Professional Indemnity Insurance fast approaches, Purbeck Personal Guarantee Insurance has launched a new Professional Risks Personal Guarantee Insurance (PGI) policy specifically for the Partners/Directors of Solicitors’ firms. Brokers supporting the […]
Further lockdowns are the number one worry for the owners and directors of UK SMEs but 53% are cautiously optimistic about the year ahead and 22% are very optimistic, according to a survey of 1000 […]
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 […]
A survey of 1000 SME business owners and directors by Purbeck Personal Guarantee Insurance, provider of the UK’s only Personal Guarantee Insurance has found that over half will seek new finance in 2021. 54% of these […]
You saw those Cazoo adverts and the slightly unsettling Rylan `snip’ ad for Cinch right? Well Carzam.co.uk has now gone live offering used cars online. The simple click-and-buy interface means customers can browse through thousands […]
This December, HMRC is set to become a preferred creditor in a business insolvency, putting thousands of owners and directors of small businesses who have signed a Personal Guarantee at increased risk of losing their […]
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