Protect Your Business: Understanding Loan Clauses & Financial Agreements

In this video, we discuss the importance of having someone review your agreements and clauses to protect your business. Richard shares insights on 'poison pill' clauses—like one that ended a £30 million loan agreement, allowing the lender to take over the company if payments weren’t made by the due date. We also touch on default rates from quality lenders and the impact of buy now, pay later schemes. 💼💡

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