Secured business loan settlement

If you have received a secured business loan and you are facing difficulties in repaying it, find out more about debt settlement

We review your financial information and propose the settlement that is right for you.

Discover settlement options for other types of debt:

Lower loan instalments temporarily

We lower your instalments for a specific period of time, closer to your current ability to repay.

How you benefit

You pay lower instalments for a specific period of time. This way, you ensure the smooth repayment of your loan.

Extended loan duration and lower contractual interest rate

You may extend the duration of your business loan and permanently lower the interest rate.

To determine the proposed duration and interest rate, we review your financial information.

How you benefit

Extending the duration of your business loan lowers the instalments you pay for the remaining duration.

Lower contractual interest rate means lower outstanding amount.

Debt splitting

You may repay only the part of your debt that corresponds to your current ability to repay. This is amortised to principal and interest with a reduced interest rate for a specific period of time.

For the outstanding amount of your debt:

no instalment is required during the first years
you are not charged with interest rate

At the end of the privileged period your debt will be amortised to principal and interest with the same terms and conditions applying to the part of the debt for which you already pay instalments.

This settlement can be combined with debt reduction.

To determine the features of the settlement, we review your financial information.

How you benefit

You ensure significantly lower instalments, based on your current ability to repay.

If you uphold your agreement, part of your debt may be waived.

Capital repayment only

Get a privileged interest rate for your loan for a specific period of time. During this time your instalments may be further lowered.

At the end of the privileged period, the interest rate is reset to the rate agreed upon when the settlement agreement was entered into and stays as such for the remaining duration of your loan.

This settlement can be combined with a waiver of part of your debt.

To determine the features of the settlement, we review your financial information.

How you benefit

You ensure lower instalments, based on your current ability to repay.

If you uphold your agreement, part of your debt may be waived.

Debt reduction

You may settle a significant part of your debt and pay lower monthly instalments. You may also extend the remaining duration of your loan and reduce the interest rate.

To determine the features of the settlement, we review your financial information.