When taking out a business loan with a bank or finance broker, often, a personal guarantee is taken out on the loan and is supported by the family home of the directors.

Over time, the loan is reduced and the business growth improves to a point where the reliance on the family home isn’t required.

Loan providers will never monitor this or volunteer to release the security, meaning business owners have their property as a guarantee for a business where it isn't actually required putting their family home at risk.

The team at Finance Link have a vast understanding of the de-risking business and commercial criteria of banks and can work with you and your bank to remove a home off the loan guarantee so you can rest assured your family home is safe from any business activities.

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If you would like to speak to a member of The Finance Link team, call 0800 346 546 or click Contact Us below, fill out the form and we will be in touch.