To get a loan from Innovate UK, you may have to pledge
some of your business’ assets in support of the borrowing
to the lender. This is provided by a limited company
granting a Debenture; (a fixed and floating charge over its
general assets) in favour of the lender.
This means if your company can't repay the loan, the lender
may have the right to take and sell those assets to get their
money back.
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