Refinancing
Struggling with payments or facing legal pressure from creditors?
The first step is to address the business cashflow. Are there ways that you can improve cashflow to ease the pressure? We can help you talk to suppliers and HMRC to create affordable payment plans and reschedule payments.
Further Funding
If further funding is needed we can help you to establish whether it is long term or short term finance that would suit your business best. We can then introduce you to lenders and brokers who will so enable you to explore refinancing options. This can ease cashflow problems and give you breathing space to refocus.
If finance isn’t available or financial pressure is too great it may be feasible for the business to propose a Company Voluntary arrangement to the creditors. This will “freeze” existing debt with a formal repayment plan. Allowing the business to continue to trade.
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