Breathing space

Q: Breathing space

Breathing space is an informal, agreed pause that gives a struggling company short-term room to recover before normal payments resume. In practice In a business-lending context, breathing space usually means a short, agreed freeze on payments — not the statutory consumer scheme. It gives a company time to chase an invoice or recover from a shock. Interest continues at 0.25% per day during the pause, so it suits genuinely short-term gaps. 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.

Breathing space is an informal, agreed pause that gives a struggling company short-term room to recover before normal payments resume.

In practice

In a business-lending context, breathing space usually means a short, agreed freeze on payments — not the statutory consumer scheme. It gives a company time to chase an invoice or recover from a shock. Interest continues at 0.25% per day during the pause, so it suits genuinely short-term gaps.

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.

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