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Wednesday, 16 October 2013

Recruitment company CVA pays out 50p in the £1

KSA Group rescued a recruitment company where the company in the CVA was repaying 50p in the £1 of all unsecured debts.

 HMRC were the main creditor at c.£100k and KSA brought in new factoring facilities as the bank withdrew the finance available to the firm. If you want to know more about funding see our finance page

Read the full case study below;

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