Refinancing
Under Pressure to Find Adequate Working Capital?
For 60% of businesses, the single biggest problem today is cash-flow. The reasons are many:
- Overdue or bad debtors
- Overtrading
- Overstocking
- Under capitalisation
- Banks reducing or withdrawing overdraft facilities
- Lenders wanting more and more security
- Income and expenditure balance is negative
- Pressure on sales and margins due to competition and market conditions
- Withdrawal of credit insurance cover on your business. Normally suppliers will only continue to supply on pro-forma basis in these circumstances.
Refinancing
With all the problems of funding a struggling business, finding extra working capital is yet another headache you have to face. We can help you by analysing your requirements, preparing a professional business plan, including budget and cash-flow projection and introducing you to potential lenders. Depending on your business and circumstances the following options may be suitable and available.
- Bank Overdraft
- Factoring
- Small Firms Loan Guarantee Scheme
- Directors/shareholders loans
- Mortgaging or re-mortgaging personal assets
- Personal Pension Funds
- Asset Refinance
- Stock or Materials Finance
- Business Angel Investment
- Venture Capital
For more information call us on 08000 126 580 or email a request using the Contact Us page.
Warning
Creating more debt is not a solution if your company is not viable or needs re-structuring to survive.
Book an annual Business Health Check for details or call us on 08000 126 580 for more information.