Mel Loades

See below Shawbrook’s press release regarding their purchase of RateSetter; it will be interesting to see how this will effect RateSetter Personal Guarantee demands and collections. “Shawbrook Bank has enhanced its position in a key and growing market after it completed the strategic acquisition of RateSetter’s peer-to-peer funded development finance business. The NACFB Patron announced … Read more

Please find The Times article regarding the sale of PG debt by Funding Circle in which Mel Loades is briefly quoted. Read The Times article HERE  

We have dozens of clients who have received letters of assignment of company and personal guarantee debt to Azzurro Associates Ltd. Funding Circle appear to be the most prolific assigner of debt with other assignments being made by Boost Capital and Capital on Tap. In some instances Shire Recoveries have been appointed by Azzurro Associates … Read more

An esteemed contact of ours Patrick Selley has written this article about PGs that relate to business debt that is not in a limited company. The work that we do entirely relates to personal guarantees that supports limited company debt. ___ Can business guarantees be subject to the Consumer Credit Act tests of fairness? By … Read more

MPs have asked the Financial Conduct Authority and the National Crime Agency (NCA) for an update on their investigation into claims of widespread signature forgery at British banks. The Bank Signature Forgery Campaign says it has submitted more than 360 crime reports backed by 19 files of documentary evidence and testimony from handwriting experts to … Read more