The relationship between management and funders varies considerably according to the dynamics of the personalities involved. Some funders take a hands on approach and have a full understanding of the key operational issues whereas some are happy to allow the management team the freedom to do as they consider appropriate.

The point at which a funder becomes aware of a problem may be driven by the investment management approach and the openness of the operational management team. This becomes important when considering the options that are available to resolve the problems and the potential implications on the funders.

We can help in establishing the true financial position of a business and the short to medium term issues it faces. This will drive recommendations as to how the investment should be managed and the likely implications on the funder.

We are experienced in dealing with and assisting struggling businesses and consider that formal insolvency procedures should always be a last resort. We recognise that often there are opportunities to recover any investment through alternative methods. In the event that a rescue solution is not suitable to the circumstances and a formal insolvency procedure is required then we can assist in ensuring that this the position is managed to offer the optimal return.

Reviews and advice can be provided in any circumstances where a client may be experiencing financial difficulties and in particular:

• Requests for further funding;
• Alternative sources of finance;
• Short term cash issues (management of and whether they are really short term);
• Exit management;
• Restructuring of the business to facilitate rescue of the investment; and
• Where circumstances dictate appropriate advice on insolvency solutions.

Our aim is to provide independent and appropriate advice. Unlike many accountancy practices we accept instructions from funders for advice on the basis that we have no financial interest in the eventual solution - e.g. we will not accept insolvency appointments on cases where we have provided independent advice, nor take commission from referrals to other sources of finance.

Fees

Our fees for assisting funders are agreed on a case by case basis. Some of our competitors price their product as a 'loss leader' on the basis of obtaining a formal insolvency appointment but we consider that this presents them with a conflict as they are interested in the eventual outcome.

Our fees are structured to represent the expected work required and value delivered to our client.

We will not charge for our initial consultation - contact us us via our webform or on 0870 495 7854 for a free confidential conversation and to discuss how we can help.