It’s hard to run a small business and sometimes a business can unexpectedly find itself in financial difficulty. The most important thing to do is take action and get advice as soon as possible.  It is never too late to get support but the sooner you start to tackle your debts, the better.

Get the help you need:

Step 1: Contact the company you owe money to and explain your situation. They will discuss with you how they can help.

Step 2: Contact Business Debtline for confidential and free debt advice.

Business Debtline is the UK’s only free dedicated debt advice service for the self-employed and small business owners.  Last year they helped more than 1.2 million people.

Latest figures show that after speaking to one of their advisers:

  • 95% of clients are clear on their next steps
  • 89% of callers saw their business debt reduce or stabilise
  • 80% of callers felt better at business budgeting