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

High banking charges hurt
Posted on 22 Feb 2024
High banking charges hurt
read more
CGT ready for revision?
Posted on 21 Feb 2024
CGT ready for revision?
read more
Improving economy
Posted on 20 Feb 2024
Improving economy
read more
Alternative lending takes off
Posted on 19 Feb 2024
Alternative lending takes off
read more
Back To Top
01604 660661