The death of a colleague who has guaranteed a loan can be
financially disastrous for a business.
Business Loan Protection helps to pay off an outstanding
overdraft, loan or commercial mortgage and can also be arranged to
offer that cover should the guarantor become terminally or
critically ill.
Using this type of insurance removes any concerns that the
business might not be able to carry on with day-to-day operations
or meet timed repayments following a bereavement.
Andrew Metcalf
Director, Financial Services
"Financing business expansion or even everyday costs through loans is far from unusual but companies sometimes overlook the need to be able to make the repayments, whatever happens to the business or its owners. That’s where our expertise comes in."
Phone Andrew on+44(0) 1481 739970
Email Andrew