Debtor Finance - Scenario
The directors of a company urgently needed additional working capital. The company was sound however, during a previous quiet period, they had missed two loan repayments. As a result of their credit history, their bank turned them down and would not provide any new funds.
A positive way forward
Corporate Guardian sources a short term loan to assist with immediate pressures. This is replaced with an Invoice Finance Facility that enables the business to smooth its income and to avoid similar financing problems occurring in the future.
Please note: These scenarios are intended to illustrate the type of problems that our clients experience and the possible remedy. They are not intended to portray real companies or real case studies.
Being taken to court?
Creditors statutory demand?
Can't pay your tax?
Can’t get bank finance?
Director’s penalty notice?
Worried about losing your home?
Other problems not on this list?
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