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    Business Loan Protection

    If you intend to secure finance through commercial loans you may find this letter of interest.

    A commercial lender will often make a business loan subject to repayment on the death of a certain, often key, individual. Alternatively, when funding has come from a director’s loan account, if the director were to die then their estate may demand repayment of the outstanding loan. Have you thought how your business would meet any ongoing repayments, if one of your key people died? How would you finance full repayment should the lender request the loan to be repaid early?

    Business loan Protection can help to protect the future financial resources of your business by providing it with a cash sum that can be used to help repay a loan on the death of a key individual.

    It is also possible to arrange for a cash sum to be paid out, if the key person suffers from or is diagnosed with a critical illness. Please note the plan never has a cash-in value.

    YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

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    Contact Us

    ADDRESS:


    18 High Street
    Kippax
    Leeds
    LS25 7AB

    TELEPHONE:

    0113 232 2320

    FAX:

    0113 287 2606

    EMAIL:

    advice@advantage-mortgages.com

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    Advantage Mortgage Services (Yorkshire) Ltd is an appointed representative of Openwork Ltd, which is authorised and regulated by the Financial Conduct Authority.

    The information on this website is for use of residents of the United Kingdom only. No representations are made as to whether the information is applicable or available in any other country which may have access to it. Registered address of Advantage Mortgage Services (Yorkshire) Ltd: 18 High Street, Kippax, Leeds LS25 7AB. Registered in England No. 5238006. Directors: Malcolm Proctor & David Sweeney