In addition to the timely completion of monthly payments, the loan documents include a number of commitments from the Directors. These exist to safeguard the company's ability to repay the loan amount and interest. In summary, these include:
1. Any financial or other information we may, from time to time, reasonably request relating to your business
2. Copies of any notices sent by the company to its shareholders or creditors
3. Notification of any litigation, arbitration, administrative proceedings, claim or potential event of default
4. An undertaking to conduct your business in a proper and efficient manner, not making any substantial change to the general nature or scope of the business, including the sale, transfer or disposal of any part of your assets
YesGrowth Ltd, registered office is 264 Banbury Road, Oxford, OX2 7DY (Company No. 08540463).
YesGrowth Limited (FRN: 615031) is an appointed representative of Kession Capital (FRN: 582160)
which is authorised and regulated by the Financial Conduct Authority in the UK.
Your capital is at risk if you invest.