Mel Loades 
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
“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
“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
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
“Sincere thanks to Mel and Helen. The excellent and efficient service has resulted in a significant reduction in my Personal Guarantee obligation.”
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
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
Mel Loades, of Personal Guarantee, talks about choosing an Insolvency Practitioner.
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 this article we consider those issues that influence the bank or organisation chasing the debt. It is important to remember that most banks/organisations genuinely want to reach a deal … Read more
“When you realise that the company you have worked hard to establish has to close the decision is painful. This is the time when support is needed from the banks and government bodies who are only too glad to offer financial help when times are good but, as we discovered, when the tide turns are … Read more
