Business Debt and Bankruptcy

Debt advice for small businesses

Theorganisations below offer free debt advice to individuals and some businesses.If you or your business is experiencing financial difficulty, theseorganisations may be able to help:

Check your credit history and find out more about how you can improve your rating

When making a decision about whether a business can afford a loan, lenders consult a range of credit reference agencies.

You can get a credit risk report for your business from If you are a sole trader, your personal credit history may also be considered by lenders. You can request to see a copy of your personal credit report and get more advice on how to improve your credit rating:

You should review your personal and business credit reports regularly to monitor your financial position and check for any errors or inconsistencies. You can also look for anything that is out of place or not your own debt.