Elaine Wilkins – Director at Antony Batty & Company, Bournemouth
Elaine Wilkins – Business Development Manager at our Bournemouth office
We asked Elaine, a Business Development Manager who joined Antony Batty & Company in March 2020, to tell us a bit more about herself.
The Coronavirus Business Interruption Loan Scheme (CBILS). Is Security Required?
The Coronavirus Business Interruption Loan Scheme (CBILS). Is Security Required?
The answer, in most cases, appears to be yes. At the very least, it appears that lenders have discretion over the security they require. This can lead to problems at insolvency especially if the security required is a personal guarantee.