Drummond Melville
Financial Restructuring If your business is facing cash flow problems or you are worried about how you will repay the money that you’ve borrowed, it’s time to review how your business is financed or face closing your limited company. In the same way that a building is only as strong as its physical foundations, the success of your firm depends on the stability of the financial structure that underpins it. This structure includes how much money your firm may have borrowed and the methods of repayment. It also includes the day-to-day cash flow, as money comes in from sales and is paid out to suppliers, staff and in taxes. Your cash flow concerns can be relieved by changing the way your firm is financed. Our experts at Business Recovery can help you with this. Financial restructuring is for companies of all sizes If you think that ‘financial restructuring’ is only for big businesses, think again. Even the smallest of firms has got a financial structure. It’s when this structure stops working properly that cash flow problems can occur. It could be argued, when it comes to closing a limited company smaller firms face greater risk. It only takes one change to move your financial structure from being stable to unstable. That change could be customers taking longer to pay, entering new contracts with different payment terms or taking on extra staff or other overheads. The Business Recovery team have years of experience helping firms to find the right financial solution. They have helped hundreds of companies to get access to the cash they need to keep trading through tough times. Call 0845 544 1263 now to find out how the Business Recovery team can help you.
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