B4
Applications for personal guarantee insurance up 106% in Q4 2022 and 145% for 2022 on 2021 Working capital top reason for new funding, applications up 144% in 2022 on 2021 Huge 181% rise in applications for cover on loans £25-£50k year on year January 2023: Personal guarantee insurance (PGI), a product used by small business […]
52% of small firms just ‘treading water’, rising to 72% in East Midlands December 2022: Purbeck Personal Guarantee Insurance has welcomed the Government’s review into the late payment practices of big firms[i] but is calling for tougher measures to stop the stranglehold larger businesses have over their smaller suppliers, once and for all. Recent research […]
November 2022: New analysis of startup loans with personal guarantees attached has found that the average loan has fallen over 138% in the past year to £142,492, from £339,304 in 2021. The analysis by Purbeck Personal Guarantee Insurance, the U.K.’s only provider of personal guarantee insurance (PGI) to small business owners, has also identified that […]
November 2022: Ahead of Autumn Budget on Thursday 17th November 2022, Purbeck Personal Guarantee Insurance, the U.K.’s only provider of personal guarantee insurance (PGI) to small business owners, is urging the Chancellor to reconsider the scale of tax increases and cuts to small business support amid fears that they will prompt many small businesses to […]
November 2022: A new survey[i] by Purbeck Personal Guarantee Insurance of 1000 small business owners/managers across the UK suggests that many are unprepared for lenders’ increasing demands for security in return for business loans.
Prices rises, extension to business hours and energy savings top tactics to keep small firms afloat.
Purbeck Personal Guarantee Insurance, the U.K.’s first and only provider of personal guarantee insurance has published its Q3 2022 figures on the take up of Personal Guarantee backed loans by small business owners, based on the volume of personal guarantee insurance (PGI) policies sold.
1 in 5 Personal Guarantee Insurance applications from start-ups Q2 2022 September 2022: Purbeck Personal Guarantee Insurance, the U.K.’s first and only provider of personal guarantee insurance (PGI) has seen a sharp rise in small businesses contacting its mentoring and advice service for support due to financial distress, outpacing the volume of calls it received […]
Purbeck Personal Guarantee Insurance welcomes fresh support on energy bills for small businesses September 2022: Purbeck Personal Guarantee Insurance, the U.K.’s first and only provider of personal guarantee insurance to the owners and directors of small businesses, has welcomed the Energy Bill Relief Scheme announced today, to cap the amount small firms can be […]
We are delighted to announce that Partners& has reached the finals of the prestigious OBN Awards 2022. The OBN Awards, now in their 14th year, are highly regarded and respected within the life sciences industry and celebrate the innovation and outstanding achievements of businesses involved in all areas of this sector. This is the second year […]
Purbeck’s top tips for surviving a recession August 2022: Purbeck Personal Guarantee Insurance, the U.K.’s first and only provider of personal guarantee insurance is urging small businesses to think like mortgages switchers and consider a fixed rate loan now to support investment or to sustain a business, while rates remain low. Since March 2021, businesses […]
125% year on year increase in loans secured with personal guarantee attached July 2022: Purbeck Personal Guarantee Insurance, the U.K.’s first and only provider of personal guarantee insurance has published its Q2 2022 figures on the take up of Personal Guarantee backed loans by small business owners, based on the volume of personal guarantee insurance […]
Nation Divided on Cost of Living Tsar’s Proposals July 2022: Following news that the Government plans to launch a campaign to encourage businesses to cut prices[i] to help with the cost-of-living crisis, 27% of consumers in a survey by Purbeck Personal Guarantee Insurance have said they think small businesses should be excluded from the campaign. […]
June 2022: As Purbeck Personal Guarantee Insurance reaches its 5th birthday, the U.K.’s first and only provider of personal guarantee insurance shares 5 top tips to business success. Todd Davison, MD of Purbeck Personal Guarantee Insurance says; “As a small business focused on protecting the personal finances of small business owners, we know the […]
Headline figures: Applications for Personal Guarantee Insurance to support business funding rose 50.5% Q1 2022 vs Q1 2021 In March 2022, the number of applications doubled those received in March 2021. 35% of finance applications with a personal guarantee attached are for ‘Working Capital’ Applications for personal guarantee insurance to support funding for ‘Working Capital’ […]