Guide to managing business debt

A practical and impartial guide from the British Business Bank to help you navigate financial uncertainty and growth


It’s fair to say that the last 18 months have been challenging for everyone across the UK, small businesses and business owners included.

The severe impact of the COVID-19 pandemic sent many businesses into survival mode and for some businesses, as we continue to navigate some economic uncertainty, this remains a priority.

While it’s true that survival is still on some businesses’ minds, others have been able to recover and can now look positively towards the future. Recent research has shown that 1 in 5 business owners feel more empowered after the COVID-19 pandemic motivated them to improve their knowledge of their business’ finances.

British Business Bank has created this guide to improve their financial awareness. It has impartial information for you on the following areas:

  • Understanding debt finance – what is it and what’s the right solution for your business.
  • Managing debt – what to do if you have concerns, and what professional support could help you.
  • Improving your cash flow – how you manage and forecast effectively.
  • Moving from survival to recovery and growth – developing your business’ resilience and focusing on next steps.
  • Resources for businesses worried about their debt – relevant resources, tools and wellbeing support.


The British Business Bank has produced this guide with contributions from Be the Business, an independent, not-for-profit organisation whose goal is to help business owners and leaders improve their businesses’ performance.

For more information visit the interactive online guide.

Please note that the guide and the content provided is for information purposes only. The guide is not intended to provide advice (including legal, financial, tax or other professional advice). You should always get professional or specialist advice before doing anything on the basis of the content contained within the guide.

Certain links in this website may lead you to websites which are not under the control of Santander UK plc. When you activate these, you may leave These links are provided solely for your convenience and do not represent any endorsement or recommendation by Santander UK plc.

We accept no responsibility or liability for the contents of any website to which a hypertext link exists and gives no representation or warranty as to the information on such websites. We accept no responsibility or liability for any loss arising from any contract entered into with any website to which a hypertext link exists.