Mel Loades 
In December 2023, the Federation for Small Business (FSB) filed a “super-complaint” with the FCA concerning the increased requirement for personal guarantees to secure business lending. In March 2024, the FCA responded to that super-complaint by embarking on a variety of data collection, reviews and testing of lending firms and policies FCA compliance with respect … Read more
Having a Personal Guarantee on what we believed to be a normal franchise agreement, my step son, his wife and I were facing legal action from our creditor, which put a lot of stress on the family. I was recommended to contact Personal Guarantee and, from the start, following an initial conversation with Mel, it … Read more
It has now been over 18 months since Just Cash Flow plc (JCF) went into administration in December 2022, and almost a year since our last report. With the administrators aiming to wind up the loan book by August 2025, companies and personal guarantors alike are feeling the pressure. Below is an update for guarantors … Read more
We contacted Personal Guarantee after our business ended and we were left with a significant amount of personally guaranteed debt. We were getting a lot of pressure and aggressive threats from lenders about bankruptcy and it was very stressful for myself and my business partner. Mel helped us negotiate a vastly reduced settlement with our … Read more
After searching online to find help with my PG debt I came across personalguarantee.co.uk; I sent an email out of hours and then had a phone call the next morning from Harry. Harry was super helpful and polite and put my mind at ease, quickly and affectively assisted me with very helpful advice. I highly … Read more
A NEW UPDATE TO THIS MATTER CAN BE FOUND HERE Below is an update on our previous articles on Amex business cards (read HERE) due to a new development. It is still the case that Amex have been unable to prove any personal liability on all the cases we have dealt with relating to alleged … Read more
I am writing to express my sincere gratitude to Harry and Wendy from Personal Guarantee. When two big hitters were demanding large sums of money their expert guidance and support was invaluable. Harry and Wendy worked tirelessly to negotiate and reduce the debt, ultimately securing an affordable payment plan for me. Their professionalism, dedication, and … Read more
After losing our family business after 21 years of trading I found myself in a totally new world where I knew very little and faced a steep learning curve against people who were well versed in what they could and couldn’t do and they were fast approaching us to personally pay for some of the … Read more
Further to our previous update on the 24th November (READ HERE – “Capital on Tap marking personal credit ratings for business debt Personal Guarantees?”), we have found an increasing number of discrepancies in the way that Capital on Tap pursue under alleged Personal Guarantees. Capital on Tap continue to produce documents purporting to be signed … Read more
BUSINESS LOANS/ REVOLVING CREDIT/ ASSET LEASING PGs The behaviour of the high street banks and the banking crisis of 2008 changed the shape of business lending forever, particularly for SME businesses. The high street banks now lend relatively little to SME businesses and, since the early 2000’s, the space has been filled by a new … Read more
