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Finance without personal guarantee? 
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Joined: Tue Jun 13, 2017 1:01 am
Posts: 85
We are trying to get a van for our ltd company but even for a £5,000 used van, the finance companies seem to want a personal guarantee (company is over 3 years old).

My wife and I (both directors) have poor credit due to a previous company going bust due to being defrauded of £30k, so we cannot give a personal guarantee.

Are their any finance companies out there that will give the finance without a directors guarantee? Failing that, would it help if we made a family member with good credit a director so we could get the directors guarantee?


I didn't find the right solution from the internet.
References:
http://w ww.ukbusinessforums.co.uk/threads/finance-without-personal-guarantee.375511/

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Sat Jul 01, 2017 1:43 am
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