Not every business in difficulty needs an insolvency practitioner. Many need a different funding structure and the reason they end up talking to someone like us is that nobody addressed the funding while there was still time.
Where we help
An independent view on the funding position
What the business can actually service, what the existing facilities cost in reality, and whether the structure still fits. Often the most useful part is simply an outside read from someone with no product to sell.
Refinancing and new facilities
Preparing a business properly for funding, and advising on the right shape of it, whether debt, equity or a combination. We work with senior lenders, asset-based lenders, specialist and challenger banks, debt funds and family offices.
Asset-based lending
Facilities secured on receivables, stock, plant and property can release working capital that a conventional overdraft will not. They also carry obligations that sit badly with some businesses. We can assist you with choosing the right finance.
Renegotiating with existing lenders
Repayment holidays, covenant resets, extensions and amendments. An incumbent lender is usually more receptive than directors expect, particularly when approached early, with figures that stand up and a plan they can take to credit.
Transaction and growth funding
Funding for acquisitions, management buy-outs and buy-ins, and development capital where the constraint on growth is the balance sheet rather than the market.
Why it sits alongside the insolvency work
Because it is the same question asked earlier.
By the time a company reaches a formal process, the answer to “what can this business service?” has usually been decided for it. Asked twelve months earlier, it is still a choice, and the range of answers is much wider.
We are careful about the boundary. Where a company is heading towards insolvency we will say so, and the conversation becomes one about managing financial distress or a formal process. Advising someone to borrow their way out of a hole they cannot climb out of would not be doing them a service.
More and more directors find themselves signing personal guarantees to raise money when the right advice would make them think twice.
Independence
We take no commission from lenders. The advice is paid for by the client, which is the only arrangement under which we could sensibly tell you that the funder offering the best terms is not the right one for your business.
Talk to us before the facility review, not after it.