Turnaround Finance is looking for a potentially viable business that is struggling and needs assistance, usually because of disruptions to cash flow/restricted credit caused by losing a client or some other unplanned situation.
Turnaround Finance can be just what is required to save a business from becoming insolvent by freeing up capital to pay creditors and to get the business back on track.
Funding can be obtained from a variety of sources, for example, from an investor (Business Angel) who is prepared to invest in a turnaround business. Other sources of finance may be suitable for example, asset finance on existing and unencumbered equipment.
It is essential to make an impressive presentation to potential investors. This requires a well-constructed and thought out business plan and demonstration that the business has a strong and competent management team!
If you need further advice about the different types of finance available to you and your business, do get in touch with us.
Tel: 01327 349779