{"id":1342,"date":"2023-12-16T05:47:37","date_gmt":"2023-12-16T05:47:37","guid":{"rendered":"https:\/\/smeloans.com\/?p=1342"},"modified":"2024-01-13T09:34:22","modified_gmt":"2024-01-13T09:34:22","slug":"uk-sme-loans-banks-are-guaranteed-trouble-in-their-push-for-home-rule","status":"publish","type":"post","link":"https:\/\/smeloans.com\/index.php\/2023\/12\/16\/uk-sme-loans-banks-are-guaranteed-trouble-in-their-push-for-home-rule\/","title":{"rendered":"UK SME loans: banks are guaranteed trouble in their push for home rule"},"content":{"rendered":"\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Bankers, according to an age-old gripe, are fair weather friends. Money lent in sunshine is reclaimed when it rains. Worse, lenders can inflict devastating personal misery if a loan backed by a personal guarantee turns sour. The scope for abuse has prompted a small business lobby group to file a \u201csuper-complaint\u201d to the UK\u2019s financial regulator. The Federation of Small Businesses wants action against banks that make excessive demands on small companies to provide personal guarantees.\u00a0 The FSB argues that when loans are small \u2014 say under \u00a325,000 \u2014 personal guarantees are superfluous.<\/p>\n<cite><a href=\"https:\/\/www.ft.com\/content\/8e73232c-878c-49d4-bfbc-55f19c185603\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.ft.com\/content\/8e73232c-878c-49d4-bfbc-55f19c185603<\/a><\/cite><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Bankers, according to an age-old gripe, are fair weather friends. Money lent in sunshine is reclaimed when it rains. Worse, lenders can inflict devastating personal misery if a loan backed by a personal guarantee turns sour. The scope for abuse has prompted a small business lobby group to file a \u201csuper-complaint\u201d to the UK\u2019s financial [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[37],"tags":[47],"class_list":["post-1342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-sme-loan-uk"],"_links":{"self":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/1342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/comments?post=1342"}],"version-history":[{"count":2,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/1342\/revisions"}],"predecessor-version":[{"id":1670,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/posts\/1342\/revisions\/1670"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/media\/1023"}],"wp:attachment":[{"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/media?parent=1342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/categories?post=1342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smeloans.com\/index.php\/wp-json\/wp\/v2\/tags?post=1342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}