When a business is facing financial difficulty directors are sometimes faced with the prospect of losing everything if their company fails. This presents a double blow at a time when directors are reeling from the shock of business failure and on top of that, are facing losing their family home and any other capital investments they have made in the business.
What many directors are not aware of is that they can potentially safeguard their personal assets through a Director's Debenture, which gives them priority over some other creditors if the business fails.
Setting up a Director's Debenture is a straightforward process and we are able to advise on the most effective way to do this.
Download our free Director's Debenture guide below for more information