| Raising Finance: Soft Loans |
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Soft loans (also known as unsecured finance) are basically business loans where little or no personal collateral is required as security for the loan. However, funders are increasingly seeking full personal guarantees from Directors in support of so called 'soft loans' and where available, they seek a 1st or 2nd charge on available personal property. Please note: Business Advice Bureau does NOT ADVISE client companies or their Directors to provide personal guarantees or any other personal collateral as security to funders. We recognise the need for commercial pragmatism and as such often Companies and Directors are forced to provide personal guarantees and other collateral, but we do not advise providing any form of personal security as a matter of policy.
Our firm has obtained ‘soft’ loans for all types of businesses throughout the UK. Please contact us for initial ‘free’ review and ‘free advice’.
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Alternatively, if you prefer to not fill-in a short form, you may call us on 0800 0324 323.
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