It is an understatement to say that due to COVID-19 we live in 'challenging times'.
The months ahead will likely consist of a slow-paced, uneven recovery across the board.
During such times, businesses and their management teams will face difficult decisions as they seek to balance the immediate needs of customers, employees, suppliers, banks, creditors and landlords as they return to competitiveness.
It has created an urgent need for businesses to find financial stability in an increasingly unstable environment.
Fifteen years ago I founded Argentum Capital Partners.
Argentum started as a commercial debt recovery company helping clients collect outstanding debts to improve cash flow, and our clients range from small traders to banks and blue-chip companies. We collect amounts between £250 — £250,000 in both the UK and overseas markets.
During the 2008 financial crisis we developed a side to our business that helps clients experiencing financial distress and help them create a debt strategy to lay down the foundations for a 'liquidity runway' and advise companies on how to take control of debt and cash flow issues.
We help companies put place a strategy to deal with all or some of the following problem areas:
Landlord Pressure: Where clients are unable to pay or are behind with rent on commercial premises we look to help renegotiate on behalf of venues.
Creditor Pressure: Where we look to negotiate or restructure debt with suppliers or banks.
Company and Personal Guarantees: A client has given a company or personal guarantee, which is being called in by the creditor.
Insolvency or CVA's: If we cannot reach an agreement with creditors on our client's behalf, we often help facilitate and guide them through the insolvency process.
Capital Requirements: Help and access to funding in the form of bank loans, asset finance, factoring and alternative lending.
We have extensive experience in helping clients create a debt strategy as part of their overarching operational plan to deal with what will be a slow and uneven recovery as they return to competitiveness and financial stability.
If you would like talk, without any obligations, to see if we can help in any or all of the above areas, please drop me a line and see if we can help.
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