BBL repayments have started again - what happens if you genuinely can’t afford them?

A lot of directors are finding that Bounce Back Loan repayments have quietly become the biggest pressure point in their business. 

Common situations include: 

• Repayments restarting after interest-only periods 
• Cashflow being swallowed by HMRC and suppliers 
• Using overdrafts or credit cards just to keep up 

What’s important to understand: 

• Missing a BBL repayment doesn’t mean instant enforcement 
• The loan usually sits with the company, not automatically the director 
• Problems tend to arise when things are ignored for too long 

Have BBL repayments become your biggest monthly stress?