Tag: Personal Guarantee

Realistic business finance documents, house model, calculator and coin stacks on an office desk, representing UK government-backed business loans and directors’ personal guarantees.

Government-Backed Business Loan, Personal Guarantee: Are You Still Liable?

A government guarantee protects the lender, not the director who signed. This guide explains how personal guarantees work under the Growth Guarantee Scheme, Bounce Back Loans and CBILS, what exposure directors still face, and where a guarantee can be challenged before or after a lender’s demand.

personal guarantee bankruptcy petition winding up petition debt recovery

Are Funding Circle’s Personal Guarantees Enforceable?

Funding Circle personal guarantees are under legal scrutiny, with a High Court case questioning their enforceability. Many business owners face enforcement actions following loan transfers to Azzurro Associates. This article explores the implications, risks, and potential legal defences available to guarantors.