Debt options for companies from Access Debt Solutions
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Company Voluntary Arrangement (CVA)

A Company Voluntary Arrangement (CVA) is a formal arrangement between the company and its creditors for settlement of its debts over an agreed time scale where the business is suffering cash flow difficulties but is otherwise fundamentally sound.

In simple terms, a CVA is an arrangement between the company and its creditors to repay the debt over a period of time typically 5 years.

Once a CVA has been agreed by creditors, all interest and charges on company unsecured debts will be frozen.

Payments into the CVA are made on a regular basis and normally last for five years although it is possible if a lump sum payment can be raised to shorten the term.

Positives of a Company Voluntary Arrangement:

Negatives of a Company Voluntary Arrangement:

For free advice on Company Voluntary Arrangement (CVA) options contact us via our confidential debt advice form or call us now on 0800 694 0484.

For further detail on the debt options for limited companies see:

Or for debt options for sole traders and partnerships click here.