The psychology of business debt
“AN ENTREPRENEUR IN DEBT IS AN ENTREPRENEUR IN BUSINESS” – DUNCAN BANNATYNE There is so much advice for individuals who are struggling […]
Higher interest rates: The impact on personal guarantees
Interest rates for consumers, businesses and the government were already on the rise before last September’s disastrous mini-budget pushed them too close […]
Personal insolvency series: Using a professional for debt dispute resolution
In our first article in the personal insolvency series, we looked at the prevalence of personal guarantees for business loans and the […]
What are your options if you cannot repay your Bounce Back Loan?
Concern is growing that after all the warnings about fraud and cash flow issues, the current economic crisis is suddenly starting to […]
Personal insolvency series: Personal guarantees, a concerning upward trend for UK small business owners
New figures published by Purbeck Personal Guarantee Insurance show a dramatic 123% year on year increase in the use of personal guarantees […]
What are the pitfalls of a Director’s loan account?
One of the principles in business most often misunderstood is that a limited company’s financial affairs and those of its directors and […]
Concerned about Bounce Back Loan repayment and Furlough fraud?
When the government was giving out Coronavirus business support in 2020 like free sweets in Santa’s Grotto, most businesses were both grateful […]
Bounce Back Loan Scheme – Do you have enough financial support?
Government financial support schemes during Covid pandemic The Self-Employment Income Support Scheme was first brought in by the Government in response to […]