Thoughts
A personal guarantee protects the lender. It doesn’t strengthen the company.
A personal guarantee changes the lender’s route to recovery without adding any cash, assets or repayment capacity to the company itself.
Kirk Donohoe
Founder of Grand. Building business credit intelligence for the AI era.
Thoughts
A competitor closed. Their customers are about to look like your growth.
A switching customer may be long established in the market and still be an account with no payment history of its own on your ledger.
Thoughts
The money you have already earned that isn’t late
Retention is money you have earned that is withheld under the contract, so it never appears on an aged-debt report as overdue.
UK B2B Credit Digest
Growth went direct: asset finance rose 15% and broker-introduced business grew 2%
Asset finance grew 15% in June, but direct finance rose 28% while broker-introduced grew 2%.
Guides
How to credit check a company — and what the check won't tell you
Learn how to credit check a UK company, read its score and warning signs, and decide how much weight to place on the result.
Thoughts
The credit box got wider. The monitoring job changed.
Widening acceptance criteria isn't only an underwriting decision — it creates a monitoring obligation for the life of the loan.
Thoughts
A company that doesn't fail is not a company that pays
Falling insolvencies don't mean suppliers are being paid more reliably — here is what financial stress looks like before a company fails.
Thoughts
An instant answer still has a date on it.
Speed of delivery and age of evidence are different things, and every AI credit answer has three dates behind it.
UK B2B Credit Digest
Bought, not broken: a motor-finance bill is redrawing who owns SME credit
A motor-finance bill put an SME bank on the block while merchant volumes fell 5.8%.
Thoughts
Only some suppliers got the letter.
A trade credit insurer reduced cover on a major housebuilder. Only the suppliers holding cover on that name were told.
UK B2B Credit Digest
The insurer moved first: a cover cut travelled faster than any credit check
The week's sharpest risk signal about a trade counterparty came from a letter from an insurer, not a change in a credit file.
Thoughts
The business carried on. The debt didn’t.
The name, the staff and the sites can carry on trading while your invoice sits against a company that no longer trades.