Covid loans

Posted on 01 Apr 2015
Share Blog Post
Loan liabilities a risk for SME owners Analysis by Purbeck Insurance Services shows that owners of SMEs have more than £1.2bn of personal liabilities linked to emergency pandemic support loans, with 1,587 directors agreeing to such terms when taking on credit through the Coronavirus Business Interruption Loan Scheme. The report, which comes after a Freedom of Information request, shows that the average size of a business interruption loan backed by a personal guarantee is £766,000.

View more blog posts

Tax system too complex
Posted on 12 Feb 2025
Tax system too complex
read more
UK stifles entrepreneurs
Posted on 05 Feb 2025
UK stifles entrepreneurs
read more
SME confidence plunges
Posted on 28 Jan 2025
SME confidence plunges
read more
Plea to cut taxes
Posted on 22 Jan 2025
Plea to cut taxes
read more
Back To Top
01604 660661