Purbeck
Personal Guarantee Insurance
Unlock finance deals and provide an alternative when it comes to Personal Guarantees
Personal Guarantee Insurance is an innovative insurance solution designed for business owners who, through the course of raising business finance, are required to sign a Personal Guarantee to support the finance facility.
Insurance is available for up to 80% of the risk and Personal Guarantees signed in support of the following types of loan facilities are eligible for cover:
Secured Business Loan
- Asset Finance – Business Finance – Commercial Mortgages
- Invoice Finance – Overdrafts – Property Bridging
- Property Development – Other Secured Loans – Secured Peer to Peer Loans
Unsecured Business Loan
- Business Finance – Credit Cards – Overdrafts
- Trade Finance – Unsecured Loans – Unsecured Peer to Peer Loans
The policy is backed by a global A-rated insurer and is administered, distributed, and underwritten by Purbeck Insurance an FCA regulated insurance intermediary and Associate Patron of the NACFB.
Did you know, according to a recent survey of SMEs*
- 74% of business owners would be more likely to sign a Personal Guarantee if they could insure against the risk of taking it
- 29% of SMEs decided against taking out business finance because of a Personal Guarantee
- 85% of SMEs would expect their finance broker or professional advisor to mention the availability of Personal Guarantee Insurance before signing a Personal Guarantee
Benefits of becoming an introducer:
- Straight-forward introducer process
- Access to a dedicated account manager
- Enhanced commissions for NACFB Members
- A unique tool to help execute finance deals
*Censuswide survey of 500 SMEs, March 2019.
Register today
The NACFB has negotiated enhanced commissions for Member brokers of the Association, to access Purbeck use the link below.
