Posts Tagged ‘commercial finance’
A Guide to Director’s Personal Guarantees
A Guide to Director’s Personal Guarantees What is a personal guarantee? Why would I need one? At the height of the business boom, banks were often very happy to provide loans to companies. They often required the directors of these businesses to sign an agreement, stating that in case of the company being unable to…
Read MoreCommercial Settlement at 25%
Commercial Settlement at 25% A client approached Bell & Company via a recommendation from a previous happy client. The case was complex due to the fact the client had a significant income and equity in their home. The client had a commercial loan with a major lending institution over which the bank held a charge…
Read MoreAggressive Creditors & Liabilities: Rethink & Refinance
Aggressive Creditors & Liabilities: Rethink & Refinance Under the provisions of the Insolvency Act 1986, a company and its Directors need to be careful when continuing to trade knowing the company is insolvent. In basic terms, once realising a company is insolvent, Directors are deemed to be personally liable for increasing debts from the point that…
Read MorePressure from a pending loan sale?
As will know, there has been a multitude of bank loan sales of late to a variety of recovery companies and vulture funds. This includes Ulster Banks loan sales to Cerberus and Cabot for example amongst many others (further batch of letters issued end of May to notify of yet another pending loan sale) When…
Read MorePERSONAL GUARANTEES – PERSONAL EXPOSURE FOR BUSINESS DEBT
POST HOLIDAYS – BACK TO IT AND RECENT SETTLEMENTS
I hope you all enjoyed the extended weekend over 12th July and managed to have some relaxation time. Typically at Bell & Company headquarters we see a slowdown in business for the week with the phones being quiet. This period though gives our advisors in both the Corporate and Resolution teams’ time to work together…
Read MoreCAN I PRESERVE MY CREDIT RATING?
Your Credit Report and Rating are very important. Many underestimate the value of a good credit rating and the positive impact it can have on your life. It is crucial that you understand what a credit rating can achieve for you. Any substantial financial decision you or your family make will likely require your credit…
Read MoreBELL & COMPANY IN THE PRESS!
Check out our ‘Real Issues in today’s Financial World Seminar’ review published in this months Tatler July where Bell & Company representatives spoke on their successes in obtaining Commercial Finance. If you have any queries in relation to commercial finance contact us today! Make sure to keep an eye out for details on our next…
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