Business Loss and Mental Health
Mel Loades talks about the effects of business loss on mental health.
Mel Loades
Mel Loades talks about Business Loss and Mental Health
Until 10 years ago I spent 25 years mostly turning businesses around, which was a very positive experience, helping businesses getting back on their feet. Since then as a team we have dealing with the aftermath of business failures when, on top of losing their business, owners, managers and even those near and dear to … Read more
Five signs for spotting your debt problem is becoming unmanageable
Julian Donnelly, of James Rosa Associates, has put together an interesting article regarding debt problems – you can find out more at HERE
SME Banks Tribunal: A New Way for Small Businesses to Challenge Lenders?
In the wake of the 2008 bank lending scandals small businesses have lost trust in banks and lenders. Kevin Hollinrake MP, Vice-Chair of the All Party Parliamentary Group for Fair Business Banking, has publicly recognised the need to remedy this distrust in his recent call to set up an SME bank tribunal. The tribunal would … Read more
TS – November 2018
“I contacted Mel following correspondence I received from the bank claiming my personal liability for a small firms loan guarantee (SFLG) debt. At the time, I was dealing with the bank on my own and I had gone through their complaints system without success. I was frustrated that the bank’s debt team in Rotherham demonstrated … Read more
RA – November 2018
“From the moment the brewery sent me their original letter, I got in contact with Personal Guarantee via Google, they were very understanding and very helpful from the moment that I had made contact with them. They made several assurances to me and after a few phone calls and letter being created by Mel Loades, … Read more
Finance Professions Show: 7th November 2018 at London Olympia
This is a must-go show for anyone in the finance and insolvency field as it is a very good indicator of the who, what and how funders are providing finance to the commercial world. It has been a little smaller than the NEC based NACB Commercial Finance Show that is run in June of each … Read more
PC – October 2018
“Sincere thanks to Mel and Helen. The excellent and efficient service has resulted in a significant reduction in my Personal Guarantee obligation.”
Personal Guarantees: Reaching a Settlement: 3. Intelligence and knowledge
When trying to settle a Personal Guarantee, there are a number of factors that influence the ease and speed at which a deal is reached. In the previous 2 articles we looked at those influences resulting from the bank/ organisation perspective and those of the guarantor themselves. In this 3rd and final article we look … Read more
Personal Guarantees: Reaching a Settlement: 2. The Guarantor
When trying to settle a Personal Guarantee, there are a number of factors which influence the ease and speed at which a deal is reached. In this article we consider those issues surrounding the Guarantor that can influence the outcome of any settlement. The Guarantor In addition to the Guarantor’s financial circumstances the health of … Read more