Debt information and resources for businesses

If your business is in debt, there is information and support available to help you try and remedy the situation.

If your business is struggling to deal with a mountain of debt, there are resources available that may be useful to you.

Also, the new Recovery Loan Scheme helps give UK businesses ongoing access to finance as they recover from the economic impact of the COVID-19 pandemic.

And there are immediate moves you could make to better manage your debt and increase your business’ cash flow. Read on to learn more.


If you’re struggling with debt, you may want to contact some of the following organisations for advice.

Debt charities


Business Debtline

Run by the Money Advice Trust, this charity gives British businesses free and independent debt advice over the phone and online.

Advice NI

A government-funded charity providing debt advice to smaller businesses in Northern Ireland.


This independent charity offers expert advice and free debt management to help businesses tackle their debts. – business debt advice

For businesses in Scotland, there are useful links on the Government’s website about how to get debt advice.  

Professional services


Insolvency practitioner

You could contact an insolvency practitioner for guidance. GOV.UK lets you search for an insolvency practitioner local to you.

Qualified accountant

A qualified accountant may also be able to provide insight and guidance. Search for qualified accountants at the following websites:


British Business Bank

Our Finance Hub has a section dedicated to providing useful information for businesses that are dealing with debt. Learn more about:

There are some things you can do to manage your business debts.

Priority debts

First, prioritise your debts into those that are crucial to your business surviving and those that aren’t.

For example, according to Company Debt, a business rescue and insolvency service, you should prioritise the following:


You can then work out a budget and try to deal with your priority debts. Your aim should be to try and generate enough cash flow to be able to service those debts.

If that isn’t possible, you may need to raise finance to increase the amount of working capital available to you.

Learn 10 practical steps to help resolve debt problems

Late payments are a heavy burden to many small and medium-sized businesses, as they tie up a lot of working capital. Consequently, it’s vital that you deal with them as soon as you can.

Read 9 tips for managing your debtors, an article by the Institute of Chartered Accountants in England and Wales (ICAEW).


Barclays – Conquering cash flow Link opens in a new window

How mastering cash-flow management could help boost your business and give you peace of mind. From creating a plan to useful tips and resources, here’s how to stay on top of your cash flow.

Small Business Commissioner (SBC) – webinars Link opens in a new window

The SBC have created some useful webinars on improving cash flow and dealing with late payments.

Regional support

Enter your postcode to find business support and case studies from businesses within your region. You'll be taken to our interactive map.

Reference to any organisation, business and event on this page does not constitute an endorsement or recommendation from the British Business Bank or the UK Government. Whilst we make reasonable efforts to keep the information on this page up to date, we do not guarantee or warrant (implied or otherwise) that it is current, accurate or complete. The information is intended for general information purposes only and does not take into account your personal situation, nor does it constitute legal, financial, tax or other professional advice. You should always consider whether the information is applicable to your particular circumstances and, where appropriate, seek professional or specialist advice or support.

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Securing funds and controlling debt

Funding can be critical to keeping a business afloat and positioning it for long-term success, especially in uncertain financial times.

But, knowing the right place to turn to for guidance can be a challenge.

With tips on everything from debt and equity financing to accessing Community Development Finance Institutions, our Guide to Building Business Resilience could help your business prepare for the future.