If you miss a payment we’ll contact you to find out why and to try and establish when you’ll be able to make a payment. If you need to restructure your repayment plan, we can discuss the options with you. If we don’t agree on a new loan repayment plan and we don’t receive a payment, a late payment charge of 5% may be applied. If we don’t reach an agreement within the 30 day period, we may have to refer you to our designated debt collector. Missing a number of consecutive payments could affect your business credit score.