When faced with pressure from creditors, it is important that robust professional advice is sought at the very earliest opportunity. Ignoring this pressure can lead to serious consequences.
We understand that behind every business facing pressure from their creditors, there is a unique set of circumstances which have led them to this position; be it a bad debt, loss of a key contract, client or member of staff. All too often, these circumstances have resulted in a business experiencing cash flow problems.
Our team of experts have advised thousands of businesses on their options when faced with pressure from creditors. Recent assignments have included assisting businesses with: the production of cash flow forecasts; analysis of short, mid and long-term funding requirements to aid dialogue and support negotiations with creditors; the facilitation of business refinancing; the restructuring of viable businesses; providing advice to directors in the production of proposals for voluntary arrangements with creditors and the subsequent supervision thereof; the introduction of interim managers to the business to aid a turnaround; and damage limitation in the instance a formal insolvency process has been unavoidable.
If your business is being faced by mounting creditor pressure, get in touch with one of our restructuring specialists at your earliest opportunity.
