CBILS / RLS Heightened Lender Responsibility Regarding Broker-Arranged Personal Guarantees
When it comes to Personal Guarantee demands relating to a business that borrowed money through a British Business Bank government backed scheme such as CBILS (Coronavirus Business Interruption Loan Scheme) or RLS (Recovery Loan Scheme), whether arranged by a lender or a broker, there is a duty placed on the lender as to how the … Read more