Struggling With Business Debt?

If you’re self-employed or running a small business and finding it difficult to keep up with payments, you’re not alone. Many UK business owners are facing cash flow problems, tax arrears, and pressure from lenders. Fresh Start Debt Support offers clear, confidential information about possible ways to deal with business-related debts.

Common Types of Business Debt We See

Business debt can quickly spiral due to rising costs, late client payments, or unexpected expenses. Some of the most common business-related debts include:

• HMRC tax debt (VAT, PAYE, Self-Assessment)
• Overdrafts and business loans
• Bounce Back Loan repayment issues
• Commercial rent arrears
• Credit card and supplier debts

If these debts are now unmanageable, we can help you understand what options may be available to you.

We Support Sole Traders, Directors & Contractors

Whether you’re a sole trader, limited company director, freelancer, or self-employed contractor, we understand the pressure that business debt creates. From balancing personal liabilities to juggling business running costs — it’s stressful, but you don’t have to deal with it alone.

Our role is to help you explore the types of solutions that may apply to your situation — all free and confidential.

What Are Some Possible Solutions?

Depending on your individual and business circumstances, there may be a range of solutions that could help reduce the burden of unsecured debts. While we do not offer formal financial advice, we can explain how solutions like the following are used by others in similar situations:

• IVA (Individual Voluntary Arrangement) – for self-employed individuals with personal guarantees or unsecured debts
• DMP (Debt Management Plan) – for sole traders who want to lower their repayments to creditors
• DRO (Debt Relief Order) – in cases where there’s low income, few assets, and limited total debt

We’ll guide you through how these may apply and what the next steps look like — without pressure.

Can I Be Chased Personally for Business Debt?

If you’re a sole trader, you may be personally responsible for all business debts. If you’re a limited company director, it depends on whether you've signed personal guarantees.

Either way, if creditors or collectors are chasing you — such as Cabot Financial, Moriarty Law, or Lowell Financial — you may still be able to reduce pressure by exploring a suitable debt solution.

Can I Include Business Debts With Other Debts?

Yes — many business owners also have other debts such as:

• Credit card debt
• Bank overdrafts
• Catalogue accounts
• HMRC or tax debt
• Personal loans

We can help you explore options that combine multiple debts into one manageable monthly payment — tailored to your ability to pay.

Why Business Owners Use Fresh Start Debt Support

• ✅ Clear information with no pressure
• ✅ Free and confidential communication
• ✅ Fast responses — often the same day
• ✅ Support for business owners across the UK

We're not here to judge or offer formal advice — we simply help people understand what types of support and solutions others in similar situations have used. You decide what’s best for you.