Viability Reviews
When a business approaches a lender for new or additional funding, the lender will often want to ensure that the increase of funds will be capable of being recovered should there be a downturn in trading.
Our team have extensive experience in working with management in conjunction with the lender to understand the business following which we can then advise on the viability of the business and the appropriate strategy to protect the assets under the lender’s security.
Exit Strategies
Sometimes a relationship just isn’t working. Whether you are a business owner or a lender that can mean that you need to look at exiting the relationship. We work with business owners and funders (both separately and in conjunction with each other) to look at the best way to exit a relationship, whether that is through a refinancing or through a more formal process.
Our team will work with you to understand the position and your preferred exit route then work together with management and the lender to facilitate an outcome that is suitable and appropriate for all stakeholders.
Case Studies
Click here to read our latest case study, Project White
Creditor Services
Our Creditor Services team advises and represents organisations and individuals who are owed money from debtors who have failed to respond to normal debt collection methods. The team regularly acts for SMEs, banks and other financial institutions, local authorities, regulatory bodies and debt recovery/litigation specialists.
In addition to this, the team improve outcomes for creditor clients who are owed money from insolvent estates by representing their interests with the court system, the Insolvency Service and appointed Insolvency Practitioners.
Find out more about our Creditor Services
Fixed Charge Receiverships
As a lender you wish borrowers to repay their facilities in accordance with the terms agreed at loan inception, or at least on revised terms if circumstances should require further negotiation or additional facilities. However, if normal credit control measures do not produce repayment, you may need to enforce your security over the property via a Fixed Charge Receivership (also sometimes called a Law of Property Act Receivership).
Our experienced team can appraise sites and properties, as part of a multi-disciplinary team, to seek the best return for lenders, obtain control over property assets and manage them pending sale, seek ways in which the asset value can be enhanced and manage the sale process to deliver completions.
In order to deliver value back to lenders, the team also seeks to identify any non-property assets which may be capable of being realised for the benefit of the secured creditor, and can advise on which alternative process can be used to enforce recovery of those assets should negotiation fail.
