Business Finance FAQs
Go backAsset Finance Coronavirus FAQ's
What is a payment holiday (also known as payment freeze and payment deferral)?
A payment holiday is a break from having to pay your monthly payments for up to three months. The three deferred payments are added to the end of your agreement term.
Related questions
How we're supporting our customers through Coronavirus disruption
Is a Payment Holiday the right thing for me?
Who can request a payment holiday?
What will happen to interest / hire charge?
Will this affect my credit rating?
When will my payment holiday begin?
What effect will delays in the postal system have on my Agreement?
What if I need more help?