Friendship and Financial Ruin
Article by Manny Wood published in the Coffs Coast News Of The Area on 26 July 2024. Jessica and Elyse were the best of friends. Jessica recently triumphed over a life-threatening illness and decided to chase her long-held dream of opening a small business specialising in flowers and cakes. Jessica's dream began to take shape when she secured a $50,000 loan from the bank but despite this achievement, she still found herself $80,000 short and also in need of a guarantor for her lease. She turned to her trusted friend, Elyse. Elyse lent Jessica the additional money and signed on as the guarantor for the lease. Business [...]