Is there a UK Government debt consolidation agency that can help my small business dig its way out of the red?

There are a number of UK Government programs that may be able to help you get your small business out of debt even though there is no official UK Government debt consolidation agency or department.

There are programs that can help, because the UK Government is well aware of the fact that small business debt can hinder or even prevent a small business from being a productive contributor to the nation’s economy. UK Government debt consolidation efforts exist in the form of government funding sources for small business that may provide you with the financial assistance you need in order to pay your debts to their original sources, effectively transferring that debt to the government program. The benefit of doing so would be to reduce your payments and place you on a single, consolidated repayment schedule, and subsequently improve the chances of your small business being able to turn things around and become profitable.

Not every source of business funding that may be able to help out in this way will declare itself to be a government debt consolidation program specifically, so be certain to look around before applying for any sort of UK Government business funding assistance.

Access reliable research assistance regarding available government small business support programs that may help serve as UK Government debt consolidation efforts by calling a UKStartups.org agent at 020 3880 8554, or by accessing our free Startup Assessment Tool app online.

There are hundreds of government funding schemes available for small business owners in the UK. In fact, our Funding Database currently has over 600 government funding schemes and over 500 private investors available for small business owners and startup entrepreneurs. What are you doing to take advantage of this? Become a member and start your search.

Take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at starting your small business. It just takes 30 seconds and will also tell you if there may be any funding assistance available.

Be sure to look at the hundreds of daily questions and answers we have from entrepreneurs like you who want to learn more about starting a business, creating a business plan, searching for funding. Our small business experts take the time to answer each and every single question, so if you have something on your mind – we can help!

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