Rebanking and DTI Grant schemes
When the going gets tough - read this page

Johnson Reed has the expertise to help you with all aspects of dealing with the bank and ensuring you get full value for money. This can apply to working capital, start-up, re-structuring or even acquisitions.

This is usually an overdraft or business loan over seven and ten year periods or a combination of both. As with all banks, you need to have the debt secure. This will often include the bank taking a charge over the company’s assets. If there is insufficient security within the business, the bank would turn to individual owners to look for guarantees or charges on personal property.

If you have a viable business proposition without enough security, Johnson Reed will help you achieve security guarantees from the DTI (Department of Trade and Industry) under the ‘small firms loan guarantees scheme’. This means a high percentage of the loan is covered by this scheme and the balance is usually easily covered by the assets within the company.

In short, Johnson Reed helps you protect your personal property and assets.