Securing your company's future requires bold moves - from expanding your operations to investing in state-of-the-art equipment. However, you often need significant funding to put these strategies in motion.
YouGov survey for Purbeck Insurance Services
YouGov survey for Purbeck Insurance Services
So you're ready to expand your business.
As a business owner, you know that growth often requires bold steps, especially if you're launching a new venture.
Discover the importance of financial well-being for maintaining a thriving business, and how personal guarantee insurance can mitigate bankruptcy risks.
As we approach the general election on July 4th, businesses, especially SMEs, need to prepare for potential economic instability caused by wavering confidence in the business landscape.
In today's rapidly changing economic environment, protecting your assets has become more than just a preventative measure; it's now a necessity.
The start of a new fiscal year presents the perfect opportunity to reassess your business’s financial position and plan ahead to ensure future success.
April 2024: As the Federation of Small Businesses (FSB) calls for a more comprehensive investigation into the use of personal guarantees for small business loans, the number of small business owners becoming personal guarantors continues to rise. According to new analysis of applications for personal guarantee insurance in Q1 2024, by Purbeck Personal Guarantee Insurance, the UK’s sole provider of insurance protection for personal guarantees, there has been a 49% rise in business owners seeking Personal Guarantee Insurance (PGI) for a small business loan. And most of these were for loans to simply keep their business running.
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