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 […]
The value of personal guarantee backed business loans to SMEs during the pandemic has risen on average by 45% according to analysis by Purbeck Insurance Services, provider of the UK’s only Personal Guarantee Insurance. As applications […]
Following reports that many financial institutions have cut access to the state-backed loans, even though the scheme has been extended until the end of next November, Purbeck Insurance Services, provider of the UK’s only Personal […]
A new survey of commercial finance brokers supporting the UK’s small businesses suggests thousands of firms will be clamouring for business loans as the government support measures ease back. 88% of brokers surveyed expect to see […]
As Companies House data shows a rise in start-ups born during the pandemic, new figures from Purbeck Insurance Services reveal savvy entrepreneurs in the UK collectively secured £25m of funding for a new venture in the past […]
A new survey from Purbeck Insurance Services, provider of the UK’s only Personal Guarantee Insurance solution, paints a more positive picture of how UK SMEs are coping with the pandemic. Based on feedback from workers in SMEs, […]
Insurance Edge met online with Todd Davison, MD of Purbeck Insurance Services, to learn more about how small business owners and directors can insure the risk they take by signing a personal guarantee for a […]
Small business owners who have had to provide a personal guarantee to a lender for a business loan, are being urged to take action now to help prevent personal insolvency through business failure. A survey of […]
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