Please visit http://www.companyrescue.co.uk/ for confidential help and insolvency advice or email keiths@ksagroup.co.uk

Thursday, 3 May 2012

The bank will help a company survive if it can

In almost every case that we handle the bank is very much part of the rescue plan.  See our new page on how you can still save your struggling company even if the bank as security over the assets. 

The bank cannot control the actions of an unsecured creditor so they are keen that the company continues to trade even if it owes money elsewhere.  As such the bank is usually supportive of a CVA and KSA Group can negotiate with the bank to get loan repayment holidays for instance.

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Many thanks for your comments. If you have a private business problem and you want advice give us a call on 0800 9700 539 or email me at keiths@companyrescue.co.uk. If you are a professional advisor with a troubled client, please suggest they visit www.companyrescue.co.uk or contact me as above.

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