Business debt
Money owed by a business to lenders, suppliers, HMRC, landlords or other creditors.
Related terms
-
Commercial debt
Debt arising from business or commercial activity rather than ordinary personal consumer borrowing.
-
HMRC business debt
Tax or other amounts owed by a business to HMRC, such as VAT, PAYE, CIS deductions or Corporation Tax.
-
Trade creditor
A supplier or service provider owed money for goods or services supplied in the ordinary course of business.
What’s your next step?
Get in touch with us at Bell & Company today to see how we can help