Running into financial difficulties
Your company may sometimes run into payment difficulties, face a financing crisis or become insolvent. If your company is unable to pay its invoices despite receiving reminders, it will receive a payment default entry. However, you can overcome financial difficulties when you take action as soon as possible.
Do not hesitate to ask for help from the Yrittäjän talousapu counselling service.
See contents related to the topic:
Recovering from payment difficulties and a financing crisis
It is possible to recover from payment difficulties and a financing crisis. When you take action without delay, the situation will not get too bad.
A company's insolvency
Your company is insolvent if it cannot pay its debts on time and the situation will not change in the near future. Seek help before it is too late.
Corporate payment default
Your company will get a payment default entry if it fails to pay its invoices despite receiving payment reminders and demands for payment.