Recent content by Fraser41
-
F
Non share holding director asked to be a Personal guarantor on a Loan - Help with my next steps
Hi - thanks for the advise but I disagree. I am a director but also an employee of the business. As I am not a shareholder dividends is not a definite. I do appreciate the advice on the risk but- Fraser41
- Post #4
- Forum: General Business Forum
-
F
Non share holding director asked to be a Personal guarantor on a Loan - Help with my next steps
Hi, I am non share holding director of an SME. I have been asked by one of the shareholders to sign as a PG on A loan. For context, there are 2 shareholders. One is retired so is not signing as a PG. I have a locked price on 20% of his shares and I have 3 years to buy them. I can do this using...- Fraser41
- Thread
- director loans
- Replies: 10
- Forum: General Business Forum