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Guarantee or Indemnity- does it matter which you have signed?

This is part of an occasional series of articles concerning personal guarantees. Typically, a company opens up an account with a supplier and the directors sign something to say that if the company does not pay then the directors will do so personally. Like so much in business it can get complicated and if there … Read more

Don’t Loan Money without Security

I tell my clients to think like a bank. If you have a client who is about to loan money to a loved one’s business or even to their own company get some security in place. The Personal Property and Securities Act 2009 (Cth) makes it possible to become a secured creditor simply and efficiently. … Read more