Business Debtline offers practical self-help – for small business owners and self-employed people in problem debt.
About Business Debtline
Run by national charity the Money Advice Trust, Business Debtline is the only free debt advice service for small business owners and people who are self-employed.
Business Debtline offers practical self-help – empowering people to speak to creditors directly, and put solutions in place to resolve their business finance and debt problems.
Latest client numbers
Last year, Business Debtline helped 26,530 people on the phone, and a further 12,370 people through our webchat service. In addition there were 475,800 visits to the Business Debtline website. After speaking to Business Debtline, 89% of callers saw their debts reduce or stabilise.
How Business Debtline helps
Business Debtline gives advice on important business debts such as tax and business rates and support if creditors take court action. Business Debtline helps people look at their business finances and decide the next steps to take. For example, they can advise on how best to recover debts from other people or how to close their business if that’s the right thing. They also advise people on personal debts such as credit cards and bank loans and help people budget better.