What can I do if I can't make a repayment?

What can I do if I can't make a repayment?

David Weller (Co -author Teach Yourself: Setting Up A Small Business) gives expert video advice on: Will i be expected to pay the money back in one lump sum?; How much interest will I be expected to pay?; What can I do if I can't make a repayment? and more...

If you have any doubts about being able to make a repayment, then talk to your accountant immediately and arrange for the two of you to go and meet your lender. Agree on the approach you are going to make, which should include one or two possible solutions to this problem, which your lender can listen to and respond to.