Where to get help

There are many sources of help available to directors and the choice may be overwhelming. Some examples are shown below.

Refinancing

Existing lenders;

Company's accountants; and

Finance brokers; and

Direct contact with lenders; main banks, asset based lenders (e.g. invoice discounting, plant finance);

Interim management/company doctors

Society of Turnaround Professionals;

Company's accountants; and

Industry contacts;

Insolvency advice

Existing funders;

Company's accountants;

Company's solicitors;

R3;

List of insolvency practitioners insolvency service website; and

Directly approaching firms of accountants.

Personal advice over the situation

Solicitors; and

Accountants (not the same as the insolvency practitioner as there would be a conflict of interest);

 

 

 

 

 

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