#personal-guarantee

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London Business News | Londonlovesbusiness.com
10 months ago
Business intelligence

Funding gap for SMEs linked to worrying rise in personal guarantees

Small business owners are finding it difficult to access funding without signing a personal guarantee.
In October 2023, there was a 60% increase in small business owners purchasing personal guarantee insurance to protect their personal assets in case their business fails. [ more ]
London Business News | Londonlovesbusiness.com
3 months ago
Business

Small businesses are increasingly turning to alternative finance options - London Business News | Londonlovesbusiness.com

Small businesses seek alternative finance due to concerns over personal guarantees. [ more ]
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