Free advice on debts

Date published: 09 September 2009


A free debt advisory service to help businesses hit by the downturn has been launched by Greater Manchester Chamber.

Available to all businesses with fewer than 250 employees, the service is aimed specifically at viable businesses that are beginning to experience financial issues as a result of the recession.

Andy Nichols, who is running the service with Dave Martin, said: “The key objectives are to prevent businesses closing and secure jobs.

“Our early involvement is crucial, as this will maximise the number of options that are available and increase the chances of a successful outcome.”

Businesses using the service will be given a confidential review, which will look at issues such as income, cash flow and creditors.

An action plan will then be agreed with the client.

The debt advisory service, provided by Business Support Solutions, is funded by the Northwest Development Agency.

For more information call 0845 608 3388.

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