Personal Guarantees
Helping your business recover - Protecting Directors in Times of financial distress
At BCIA, we understand that one of the most pressing concerns for directors facing financial difficulty is the risk of Personal Guarantees (PGs) being called upon. Whether linked to a bank facility, peer-to-peer lending arrangement, second-tier lender, bridge funder, invoice discounter and/or trade creditor agreement, the potential personal liability can feel overwhelming at a time when the business itself is already under strain.
Our role is to provide clear, practical advice that balances the company’s restructuring or insolvency options with the director’s own exposure under PG’s. We work with you to understand your obligations, assess the strength of the guarantee, and implement strategies to minimise personal risk while addressing the wider financial challenges.
How We Can Help:
Our specialists have a strong track record in:
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Challenging poorly executed or poorly worded guarantees – identifying legal or technical defects that can invalidate or limit liability.
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Negotiating partial settlements – reducing the debt to a manageable figure.
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Talking to your creditors – engaging directly with the creditors, solicitors and/or debt collectors to take the emotion out of the situation and explore constructive solutions.
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Agreeing time-to-pay arrangements – easing the immediate financial pressure.
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Securing breathing space – allowing time to plan and manage personal and company affairs without the threat of immediate enforcement.
A Balanced Approach
We appreciate that insolvency advice is not only about the company — it is also about protecting you as a director. By addressing PGs at the same time as company restructuring, we can create a joined-up strategy that gives you the best possible chance of safeguarding your business interests while also protecting your personal position.
Our Commitment
At BCIA, we pride ourselves on combining professional expertise with empathy. We know how daunting PGs can feel, and we are here to guide you through the process with clarity, discretion, and practical solutions.
👉 If you are concerned about personal guarantees, contact BCIA – Recovery & Turnaround Limited today for a confidential discussion. The earlier you seek advice, the more options we can create together.