Finding out your husband has signed a personal guarantee can feel a bit like someone’s just dropped a financial time bomb in your lap. That’s a valid feeling, and you’re not alone – 78% of directors who apply for finance are asked to sign a personal guarantee.
London, September 2025 – Purbeck Insurance Services, the provider of personal guarantee insurance to small and medium business owners and directors has reported a significant rise in the number and value of personal guarantee backed loans secured by young businesses.
There’s no escaping the fact that modern business finance is changing.
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.
Purbeck Insurance Services Urges Overworked SME community to acknowledge mental wellbeing this Mental Health Awareness Week 12-15th May 2025
Purbeck Personal Guarantee Insurance Monitor Q1 2025
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