Lenders
Our terms of business are competitive and we can discuss your individual partner requirements.
Our terms of business are competitive and we can discuss your individual partner requirements.
Is signing a personal guarantee a common barrier to conversion when selling your products to customers?
Personal Guarantee Insurance removes this barrier, and is available to lenders like yourself to help give you and your clients flexibility and security when it comes to personal guarantees. There are a wide variety of benefits to lenders of offering personal guarantee insurance:
Benefits:
Provide your clients with an innovative solution when signing a personal guarantee; a solution your clients may not know exists
Provides a "tool" to help convert your finance deals when your client is reluctant to sign a personal guarantee
Commissions available
Have access to your own dedicated account manager
Flexibility to work with you directly, or work with your client and keep you informed
Personal Guarantee Insurance (PGI) provides significant benefits to both lenders and clients.
For clients, PGI acts as a financial safety net protecting personal assets, such as property and savings, by covering a portion of their liability if the business defaults. This allows them to focus on growing their businesses without worrying about significant personal financial repercussions.
In partnerships, PGI can also protect each individual partner by covering their share of the guarantee and peace of mind for everyone involved.
Yes, lenders can earn commissions by introducing clients to PGI. Facilitating access to this finance solution allows lenders to enhance their client offering and benefit financially from each successful referral.
Get your Personal Guarantee Insurance quote today
It’s the only way to protect yourself and your family in the event your business cannot pay its debts.