Do I Need to Give a Personal Guarantee to Obtain a Recovery Loan?

Learn about your requirements for recovery loans.

No. With the UK Government-backed Recovery Loan Scheme, the weight of personal guarantees is lifted for amounts up to £250,000 per facility.

If you need to reach beyond this threshold but wish to avoid the need for a personal guarantee. Millbrook can create several funding arrangements, each valued at £250,000. These arrangements work together like a safety net, ensuring that you don't have to provide a personal guarantee.

Speak to our team of lending specialists to learn more or browse our recovery loans page via the link above for more information.