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Imagine getting a call that your family home, the place you’ve poured your savings into, raised your family and planned to retire in, is being used to cover a debt your business can’t repay.

Purbeck Personal Guarantee Insurance Monitor, Q2 2025, reveals the growing burden for Directors and Owners of UK SMEs

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.

• 51% of SMEs have supported employees financially during the cost of living crisis
• 64% are actively working to reduce their carbon footprint
• SMEs in West Midlands are most likely to act on decarbonisation
• Micro businesses report the strongest employee retention rates

Purbeck Insurance Services Urges Overworked SME community to acknowledge mental wellbeing this Mental Health Awareness Week 12-15^th May 2025

Purbeck Personal Guarantee Insurance Monitor Q1 2025       

Purbeck Personal Guarantee Insurance Monitor Q1 2025

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?

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.