How do I Raise Finance?
A turnaround plan will often require additional financing. This finance along with the turnaround plan is instrumental in achieving a successful outcome.
There are two main forms of business turnaround finance. The first is the finance needed to support the company getting through the first weeks and/or months of the turnaround project. The second is finance to support business trading once the turnaround plan has been fully implemented.
Options for finance include key funders in the marketplace, a number of specialist companies and High Net Worth individuals who provide funding to businesses. However, all these lenders will want to see a viable turnaround plan that they can buy into.
We can help you at each step of the process; from identifying your needs, the best funders for your business, the creation and presentation of the financial model for submission to funders and implementing the turnaround plan.
For more information on an IVA, we offer an initial free consultation to review the situation and make recommendations on the best way forward. If we think that an IVA is the best route forward, our specialists can support you at every step of the way through the process. For a no-obligatory chat, complete the form opposite, include a best time for us to call you and a Partner will be in touch.
Alternatively, book a convenient time for us to contact you