Does Capital On Tap require a personal guarantee?

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Afshin · Accepted Answer

Most UK Limited Companies are approved by Capital On Tap without a personal guarantee. Newer companies, lower-revenue applicants, and applications where director personal credit is weaker may be asked to provide one. A personal guarantee means a named director becomes personally liable for unpaid balances if the company defaults. Capital On Tap's underwriting decides on a case-by-case basis. Established Limited Companies (3+ years trading, £200k+ revenue, clean accounts) are almost always approved guarantee-free. The application does not require you to commit to a personal guarantee in advance — if one is required, you will be told before you accept the offer.

Does Capital On Tap require a personal guarantee?

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