Small firms to receive funding boost to business debt advice services

08 Jun 2026

The Treasury recently announced that small businesses and the self-employed who struggle with their finances will receive a helping hand via a new £4 million funding boost to business debt advisory services over the next three years.

According to the Treasury, the funding will support an additional 16,000 small businesses and sole traders. An extra £2 million in funding will help to modernise debt advice, it added.

Access to expert support will be boosted through the new funding, the government stressed. This, it said, will give a leg up to additional businesses over the coming three years to total 75,000 firms.

Rachel Blake, Economic Secretary to the Treasury, said: 'From the plumber fixing your radiator to your local café, small businesses are the backbone of our economy, and we know they sometimes need a helping hand when times get tough.

'We're building on the success of our expert debt services to help tens of thousands more get back on their feet.'