Business Loans to ‘Keep the Lights On’ Fall in Q2 2025 But, The Average Personal Guarantee Risk for SMEs Edges Nearer to £200k
Purbeck Personal Guarantee Insurance Monitor, Q2 2025, reveals the growing burden for Directors and Owners of UK SMEs
Purbeck Personal Guarantee Insurance Monitor, Q2 2025, reveals the growing burden for Directors and Owners of UK SMEs
Posted by Todd Davison on
Your business is doing well - not only are you planning to open a second location, but you're also looking into expanding your product range and taking on a few new hires. It's the kind of progress you've worked hard for. However, to get there, you need funding. And with the loan agreement comes a personal guarantee.
Posted by Todd Davison on
Posted by Todd Davison on
Purbeck Insurance Services Urges Overworked SME community to acknowledge mental wellbeing this Mental Health Awareness Week 12-15th May 2025
Posted by Todd Davison on
Purbeck Personal Guarantee Insurance Monitor Q1 2025
Posted by Todd Davison on
Purbeck Personal Guarantee Insurance Monitor Q1 2025
Posted by Todd Davison on
As a director of a growing company, you’re constantly looking for opportunities to maintain your upward momentum. So when a lucrative new project is within reach, you need to act fast to secure it. But what if you need a quick injection of capital to purchase materials or cover labour costs before the contracts are finalised?
Posted by Todd Davison on
16th April 2025: Purbeck Insurance Services, the UK’s only provider of personal guarantee insurance to business owners is warning SMEs to be prepared to sign a personal guarantee for a major part of the loan secured through the Growth Guarantee Scheme. This follows feedback from customers who expected their personal liability to extend to just 30% of the loan.
Posted by Todd Davison on
April 2025: As SMEs across the UK navigate the end of the tax year and brace for an ‘awful April’ of rising bills, driven by fiscal changes such as minimum wage increases and national insurance contributions, a recent survey by Purbeck Insurance Services offers a more optimistic outlook. The survey of small business decision makers from across the UK found that a third of SMEs are already making a good profit and more than half (55%) have plans to expand their business this year. Age and postcode matter, however, and younger business owners in the West Midlands are currently painting the brightest picture of business success.
Posted by Todd Davison on
We're now at that time of year when the weather is getting brighter and new growth is starting to appear. It’s a time for renewal, and for businesses the end of the financial year is much the same. It’s a time to reflect, review your financial obligations, and assess potential risks.
Posted by Todd Davison on
Subscribe now for expert tips on safeguarding your personal assets while growing your business.
For more information or to speak to one of our underwriters contact us today.