As a business owner in the UK, securing financing is often a critical step in growing your enterprise. One common requirement from lenders is a personal guarantee. This guide will help you understand what these are, how they work, and the implications for your business and personal finances. What is a Personal Guarantee? A personal […]
unsecured loan
How to get a business loan without giving a personal guarantee
Every business needs a little financial boost from time to time, especially in its early days or in time of growth. Today’s financial market offers a wide range of funding types for businesses, depending on how much is needed over what period and for what purpose. Of course, the first thing any lender needs to assess […]
How much does an unsecured business loan cost?
When you’re thinking about whether to borrow money to invest into your business, a key consideration will be cost. If the cost of borrowing is reasonable, you may be able to take out a loan, invest in growth and make a good profit. However, if the cost is too high it may you may not […]
Raising business funds with an unsecured loan
With interest rates remaining low, there has never been a better time to take out a loan. As entrepreneurs and business owners, you can get the cash injection you need to either get your new business off the ground or take it to the next level of development, with highly affordable repayment terms. The stumbling […]