It's a team game
21/4/2008
As a top 10 corporate recovery firm, we have more than 60 years' experience providing turnaround and recovery services to businesses across the UK. Some of you will know that what sets us apart from our competitors is our hands-on approach, our broad expertise and our ability to truly work as a team.
We approach each business case collaboratively, working closely with the funding partner right from the very start to find the best possible solution for all concerned. Some of you might even know a few of our star players. A national team, we operate out of six offices across the country. We work with you and your clients throughout the funding cycle: winning new business while managing the risk; offering client support during the term of the relationship; and rescue, recovery, or manage-away facilities as the wheel comes full circle.
It is this complete service package, coupled with our reciprocal business model that has led us to slightly alter the way we do things. We wanted to make working with you easier and more transparent. Over the coming pages you'll be introduced to some new services and re-acquainted with some old ones. But the one constant, is how we work with the asset-based lending market. We understand that ultimately we have the same end goal, and that by passing each other business we both benefit from healthy score sheets.
So what have we changed?
Well, in essence, not too much. We haven't changed what we do, only how we deliver it. Each of our divisions, existing and new, will come under the Leonard Curtis (LC) umbrella. Our insolvency function will be known as LC Business Rescue and Recovery Services, our corporate turnaround and Crown rescheduling work will be re-labelled under LC Corporate Strategies and our factoring broker service becomes LC Factoring Advisory Service. We now also offer two new service lines; LC Asset Protection and LC Collections, through exclusive strategic alliances.
This portfolio of service offers has been put together to provide you and your clients a complete, robust package that manages both the business, and the risk you under-take as funding provider, at each stage of the cycle. A decade of working alongside funders has enabled our insolvency and turnaround professionals to understand the evolution of the financial services sector and grasp the commercial concerns that continue to shape it. In today's economy, this has never been more important. The current climate will no doubt bring opportunity, but with it greater risk.
For this reason, our realignment is designed to reflect and service the commercial lifecycle of today's financial services industry. We believe our new service range represents both a safety net and a springboard for a pioneering and profitable funding sector.
