Equity Release
For many business owners, equity release has two main benefits. Firstly, it de-risks your business and allows you to take some cash off the table. You never know what can happen both in the insurance broking industry and of course the wider economy. Recent years have seen some major turbulence, including Brexit and a world-wide pandemic.
Secondly, you get to enjoy some of the wealth you have created early and while you are young enough to enjoy it! Pay off a mortgage, buy a holiday home, take more holidays or help the kids get on the property ladder
What you then use your equity release for is up to you:
• Support the growth of your business through marketing or acquisitions
• Personal reasons such as purchasing a holiday home or paying off your mortgage – take the pressure off day-to-day bills and enjoy the fruits of your labour
• Purchase the shares of a fellow shareholder
