Hello, New hear and apprehensive so pls be kind :-).
I have the same issue described,
Azzurro/Shire Recoveries - old capital on tap debt business loan i guaranteed - who do I deal with? - Page 2 - PayDay loans and Short Term loans - General - Consumer Action Group
my husband started a ltd company in Oct 2019 just prior to Covid,
he was offered business to business credit via capital on tap and signed a personal guarantee.
He defaulted on the agreement when business suffered during covid.
He buried his head in the sand for several months (I wasn't even aware!!!) to add further context he has PTSD and ADHD - Very impulsive.
Debt was sold by COT to azzurro associates who have then assigned it to Shire recoveries.
Shire report they are acting on behalf of Azzurro I assume they do not own the debt.
Debt is 20K
for the last year we have made payments of £160 p/m.
This is reviewed every three months.
They have said their client will no longer accept these amounts.
Unhelpfully husband has never kept any correspondence I have requested the original agreement, I;m still waiting.
I am unclear on my rights with B2B lending