Put your questions to our experts for their innovative solutions to cashflow issues...
Invoice peaking issues?
Difficulty servicing debts?
Debt collection benefits?
If your business is under cashflow pressure, and you are contemplating a Prepack, before you commit your financial future, think about the safer alternative.
It may look like an easy option, buying your business back for much less than the amount of debts, and being able to carry on without the pressure. However, it’s usually not quite as simple as it sounds. There are a number of aspects that are often not fully explained and traps that you can fall into, that can put you in a worse situation.
We help businesses overcome cashflow problems by offering a number of services that can deal with cashflow pressure, without having to go through a Prepack and an insolvency process. These services include emergency loans, new funding, creditor settlement and debt collection.
Bank, Landlord, trade creditor and finance company guarantees all become payable, may put your house at risk
No guarantee liabilities
You will need to new funding to restart the business
Improved cashflow and self funding
Negative publicity - Legal adverts will be placed in newspapers, your customers, employees, suppliers and bank will know.
You will be paying for Insolvency fees, lawyers fees, valuer’s fees, advertising costs
Low fixed cost
When your customers find out you have been insolvent they may decide to go elsewhere
Retain Customers and grow your business
Legal process controlled by the court
Designed by business owners for business owners
May fall foul of the Insolvency Act 1986, Statements of Insolvency Practice 13 and 16
Completely legal and ethical
Directors Disqualification Act 1986 applies in every case
No Investigation required
When the cashflow problem is immediate, there is no ignoring it. Contact us now to find a quick solution and relieve the immediate financial pressure so you can get back to making your business work - the way forward, made brighter.
Schedule a quick and confidential, no obligation call with one of our experts to see how our solutions could help your business.