Informal Arrangements

Informal Solutions

If your business is in financial difficulty, talking to your creditors and coming to an informal arrangement can often help. We can talk to your creditors and come to an agreement that will reduce the financial pressure on your business. Here are a few of the solutions we can arrange.

Renegotiating Terms

We can help negotiate changes to the terms on which you owe money, renegotiating the terms of the debt, arranging a payment holiday, or adjusting the repayments to a level your business can comfortably accommodate.

Full and Final Settlements

A full and final settlement involves arranging a single repayment with your creditors to clear your debt. We can help negotiate a settlement that satisfies your creditors and that your business can afford.

Time to Pay with HMRC

HMRC can allow a Time to Pay (TTP) arrangement, allowing you to pay what you owe over a longer period. We have a 100% success rate arranging these for businesses.