Personal Guarantees: What Every Business Owner Needs to Know

For many businesses, accessing finance can mean taking on a personal guarantee. But what does that actually mean for you as a business owner, and what happens if things don’t go to plan?

This session takes a closer look at personal guarantees and the personal risks that can come with securing finance for your business. We’ll explore when guarantees are typically required, what you could be committing to, the risks you need to understand before signing, and the questions you should be asking your finance provider.

We’ll also look at Personal Guarantee Insurance, including how it works and how it can help reduce the personal financial risk for business owners who need to provide a guarantee to access funding.

Whether you’re considering finance for the first time, looking to grow your business or already have personal guarantees in place, this session will give you a clearer understanding of what you’re signing up to and the steps you can take to protect yourself.

Delivered by Josh Wilson, Purbeck Personal Guarantee Insurance