Financial hardship can arise from an unexpected event or unforeseen circumstances outside your control.
A change in your circumstances may require adjustments to the way you manage your business cash flows.
Reasons you may find yourself unable to meet your repayments include:
- Unexpected changes in income or expenditure
- Changes to employment status, including loss of employment or reduced working hours
- Death in the family
- Serious illness or injury
- Family and domestic violence or relationship breakdown
- Emergency event or natural disaster
- Industry interruption