It is tempting to throw every available pound at arrears to make them disappear. That can create the next problem — an unpaid wage bill or a supplier who stops delivering. Catching up sustainably matters more than catching up fast.
Protect the essentials first
Wages, tax, rent and the suppliers you cannot trade without come first, because without them there is no business to recover. Work out the genuine surplus after those are covered, and direct that surplus at the arrears through an arrangement rather than a single crippling payment.
Let the arrangement do the work
A payment arrangement exists precisely so you do not have to clear arrears in one go. We set it at a level that fits the surplus you actually have, with interest continuing at 0.25% per day and the 100% cap holding throughout. Steady, kept-to payments beat a heroic lump sum that leaves the company unable to trade.
We lend only to UK limited companies and LLPs, and the loan is to the company with no director personal guarantee. As business finance outside the consumer-credit regime, it is not covered by the Financial Ombudsman Service or FSCS.
See also: How to prioritise which bills to pay first, Can I settle my company's arrears with a lump sum?, Getting your company back on track after arrears.