Personal Guarantees

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Lending to the SME market is generally supported by personal guarantees provided by the company directors or shareholders. When a business does fall into an insolvency process the lenders will often look to pursue the directors/shareholders under the terms of the guarantee provided.

If you are concerned about the terms of the guarantee you have entered into or would like advice on negotiating with a lender regarding the repayment of debt under a guarantee, please get in contact with our insolvency professionals who have the relevant knowledge and experience to assist you.

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