The Video Transcription:
The cash flow consequences to the business of trading losses are exacerbated by making high capital repayments at these difficult times. Reach amicable agreement with your bankers to reduce these term loans to interest only. This can be for a temporary arrangement even if it means that later repayments will be higher by spreading the missed period over the remaining term of the loan.
Bankers are more receptive to interest only arrangements for a period as the loan balance does not get increased and is therefore not impaired and the interest charges are not increasing the loan balance.
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