The number of small business owners who took insurance to guard against failure in 2022, hits new high

Originally posted on February 1, 2023 @ 11:55 Applications for personal guarantee insurance up 106% in Q4 2022 and 145% for 2022 on 2021 Working capital top reason for new funding, applications up 144% in 2022 on 2021 Huge 181% rise in applications for cover on loans £25-£50k year on year Personal guarantee insurance (PGI), a product used by small business owners to protect against the risk of a…

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