The answer is probably massively different depending on whether you are
(a) In overwhelming debt, and still losing money
(b) In overwhelming debt, but fundamentally profitable.
If (a) is the case you must cease trading immediately, since you are worsening the position for creditors and you do not want potential personal liability to kick in by trading insolvently - neither do you want to get barred as a director.
If (b) is the case, consider whether either a moratorium or reduction of the debtcould allow trading if protected from the creditors -
If (b) is the case consider what is needed to make a massive difference...would doubling sales, solve the problem or double it??? - so could the appearance of an expert in an any area in which you are weak solve the problem? I suspect the problem is not just money - and if you want the bank to trust you further you will need a "white knight" in shining armour to appear.
All of these will determine what you do.
