At one time or another, it is likely that your business will go through a refinancing exercise. This could be changing banking providers, securing an overdraft or entering into another form of financial support
As a business owner, you will be no doubt aware that raising the required working capital to begin and sustain your businesses growth is an important stepping stone to ensure your businesses success, both in the medium and short term.
Guidance and help with Business Refinancing Options
When business is good, and healthy profits are reported, and the business is progressing as planned, finance is relatively easy to secure. However, where a Company’s finances are under pressure, and the directors have critical decisions to make, including whether raising additional finance against the Company’s current assets, the choice of financiers to provide a Company with additional services could become somewhat limited as we naturally tend to gravitate towards the high street providers that we all recognise. As the current market for business changes and evolves almost daily, we cannot provide you with an exhaustive list of the financial products that could be available to you, but what we can provide to business owners is a guide to the options that are potentially available to you and your business. We work closely with many providers of finance to businesses that have or are suffering financial issues.
Although we are Insolvency Practitioners by trade, we will always enter into a business assuming that the business is viable and that all that is required is a little guidance that might not have been available to the board elsewhere.
We will help you consider the products that are available to you, help you weigh them up against the circumstances you find yourself in and then let you decide which way you want to move forward. Some of the service and facilities that we have access to are detailed below. We can provide you with an overview on each and if any fit with your requirements.
Some of the products that we have access to include;
- Bank Overdrafts
- Enterprise Finance Guarantee Loans
- Factoring and Invoice Discounting providers
- Asset Refinancing
- Stock Financing
- Business Angel Investment
- Venture Capital
- Peer to peer finance
If you feel that your business needs additional finance, contact us today and we will provide you with the guidance and advice needed to secure finance for your business.
All initial advice and guidance is provided free of charge.