Personal Guarantee Insurance For Invoice Finance
Great news, there is now a UK personal guarantee insurance product which can be taken out to insure against the risks associated with giving a personal guarantee to an invoice finance company.
Giving a personal guarantee can be an issue for some invoice finance users so this is definitely a positive step that will alleviate some people's concerns over giving a personal guarantee to a factoring or invoice discounting company.
Something to ask your insurance broker about, hopefully some of the invoice finance companies will consider promoting this product alongside their facilities.