In this video we highlight the third phase of financial problems for the entrepreneur: applying for refinancing through a BBZ credit at the municipality. In this phase, the entrepreneur can no longer get out of debt alone. The creditors knock on the door and it is often recommended to stop the business. But is that really necessary? Mostly not! If the business is viable, refinancing by the municipality is possible. But what exactly is a BBZ credit? What are the conditions for a BBZ credit? What does viability mean? To determine whether you have a viable business, ask yourself the following questions: If you had no debts at all, would you be able to meet your fixed costs with your business, provide for your living expenses, and still have a profit? If you can answer yes to these questions, chances are you have a viable business. This is a good starting point for applying for a BBZ credit. BBZ stands for Self-Employed Assistance Decree. The BBZ credit is a credit from the municipality with which viable companies can be refinanced, even if you have tax debt or are under special management at the bank. Even if your business is not viable, the BBZ scheme can help you if you close your business. You can then receive a social assistance benefit especially for entrepreneurs, which you can use to support yourself. In addition, a BBZ loan can be used for debt settlement with your creditors.