Have you thought about how your cash flow could be affected if something were to happen to a director, owner or key employee?
How would your creditors react?
It may be that one of your company directors stands as the guarantor for your company’s loans. If they were to die, or be diagnosed with a serious illness, it could have a severe impact on your business’s arrangements with its creditors and debtors.
Do you know how they would react? If business loans were called in, could your company afford to pay back its creditors and continue trading?
How we can help
We work with businesses like yours, offering advice on how to protect it from the financial impact of unforeseen events.