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Business Rescue

Creditors pressing? Court Orders Looming? Struggling to pay monthly PAYE? VAT Issues? Need To Buy Yourself Some Time?

We can help!

Business Rescue

Our Business Rescue service offers a comprehensive business rescue solution.

There are a number of ways in which we could help to reduce the current creditor pressure you are facing.

Administration

It is possible to have a Licensed Insolvency Practitioner also known as a Business Rescue advisor appointed as the Administrator of your company; such appointment releases the company from the immediate unsecured creditor pressure allowing it to move forward in a structured manner.

The appointment of an administrator effectively buys the company some time to put some form of business rescue package in place, (i.e. refinancing, invoice factoring, management buy out or other business rescue packages).

Creditors Voluntary Arrangement

Raise Finance can create a legally binding agreement with your creditors to repay some or all of the company debt over a set period of time. This type of Business Rescue allows the company to focus on moving forward.

Compulsory Voluntary Liquidation

An application is made by a creditor to place the company into liquidation a Licensed Insolvency Practitioner is then appointed to realise the company assets for the benefit of the creditors.  
 

Recievership

This type of Business Rescue is a tool used by a company which holds a legal charge / debenture pre dating 15th September 2003.

The body holding the debenture can appoint a Licensed Insolvency Practitioner / Business Rescue advisor to act as the receiver.

The Business Rescue advisor would then look to realise the assets which are subject to the charge to repay the secured creditor / debenture holder.

Creditors Voluntary Liquidation

The directors and members of the company , seeking business rescue, take voluntary steps to formally place the company into liquidation.

The liquidator/Business Rescue advisor would then act to realise the company assets for the benefit of the creditors. Such Business Rescue action could still, in some circumstances, allow the company to be sold as a whole.

How can we help ?

Simply call Amanda or Clive on 0845 200 5177 to discuss your situation in confidence.
Want Raise Finance to call you?
Simply complete the enquiry form below and submit it to Raise Finance. We will contact you within 24hrs to discuss how Raise Finance can help.

Alternatively contact Raise Finance on
T: 0845 200 5177


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