Sometimes an arrangement that was realistic when agreed stops fitting because things change again. That is not a disaster if you get ahead of it.
Tell us before it breaks
The moment you can see you will not meet the revised payment, contact us. A plan we adjust in advance stays a plan; one that simply fails becomes arrears. Early contact keeps every option open.
We can usually revise it
Circumstances change, and arrangements can be re-shaped to match. Where income has fallen further, a lower payment or a move to a hardship variation may be the answer. The 100% cap and no-personal-guarantee protections continue throughout.
Repeated changes are still better than silence
Even if this is the second or third adjustment, keeping the conversation open beats going quiet. We would far rather keep working with you than watch an arrangement collapse.
If a plan is slipping, reach us early via the contact page.
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: What happens if I break a payment arrangement?, What to do if you cannot keep to an existing arrangement, What if my company's difficulty is permanent, not temporary?.