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Frequently Asked Questions

Is it possible to re-structure all my Creditors including HM Revenue & Customs, into one monthly?

We are being threatened by a Winding up Petition, what will happen?

Banking seems to be all promises and up front fees, where do I go if the bank says no?

I have been told that I need to put some capital into my business. It has not been doing too well and I am a bit worried and I will need to borrow to do it. What risks am I running?

My business has had a very bad trading spell and I have a lot of creditors pushing me for payment. I have collected as much as possible from my debtors but it is not enough and I can't get any more from the bank. What can I do?

I gave my bank a Personal Guarantee in respect of my business account. The business has gone into liquidation and the bank has sent me a letter asking me to pay up under my guarantee. What should I do as I don't have that sort of money?

I have just received a letter from my bank telling me they are calling in my overdraft and will pay no more cheques. Help!

I have just got my statement and noticed that the bank has charged a large Management Fee that I know nothing about and have not agreed to. Can I do anything about it?

The bank has refused to pay my monthly salaries and have asked for an urgent meeting. What can I do to help the workers and protect myself?

The bank want an accountant I don't know to come in and carry out a review of my business. They say it will not cost me anything. Why should I agree to this? Why are they doing this?

My new manager is insisting on me providing monthly information to them about my business. I have never had to do this before. Why should I incur this extra cost?

I have been told my account is being moved to a new manager in a business support centre. What does this mean?

The bank has written to me saying they will not pay anything above my overdraft limit and they want to meet with me urgentely. What is likely to happen?

My old bank manager has left and the new one wants to start changing things. She has said I have to speak to their Commercial Services department about factoring as she cannot continue with my overdraft. I don't really want to do this as I have heard it is expensive and some of my friends have had bad experiences. Is there anything I can do?

I have received papers re a County Court Judgement which I cannot pay. I know the business is in trouble but I just need time.

A company that owes me a lot of money has just gone into liqidation. I'm not sure my business can survive. What do I do?

I think I have secured the best deal possible from my bank - why should I speak to you - what can you do that I can't?

If you require answers to any of these questions or have other business banking questions please contact us


 
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