News

£4.6m funding structure agreed for construction firm

Funding
Debt Advisory
2
January
2024
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With appetite for smaller cashflow funding remaining more difficult given the current economic and market conditions, many businesses are experiencing uncertainty on obtaining an appropriate funding structure.

The Leonard Curtis debt advisory team were recently introduced to a successful trading business to look at finance options for the remaining bank and vendor loans. Gaining a full understanding of all stakeholders, the market, and financial outlook our expert debt advisory team were able to identify the key issues to resolve and explore the funding market.

A team including Simon Carrier and Joe Douglas, worked closely with the business and funders to identify strategies which enabled the business to refinance. The amended structure and repayment terms mean the business is back on a level playing field and management are able to concentrate on running the business again.

Simon commented “It’s important for businesses of all sizes to understand that no matter how impossible a debt structure may appear, it is always worth engaging an advisor to work closely with the management team and explore all options.

We were able to assess the market conditions, provide strategic funding models and achieve a better position for this business.”

The earlier an issue is identified, the sooner solutions can be provided. Our funding team are available to discuss any funding or debt requirements.

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