Business distress is never a pleasant time for any company. When you have the continual pressure of creditors wanting to know when their repayments are arriving this can often absorb and impact on your ability to effectively manage and run the business.
Fending off creditors can often be a full time job, leaving you little time to perform your own vital duties. If only there was some process of easing off the demands? This is where a CVA or Company Voluntary Arrangement could work for your company.
It takes into account all the debt and money owed by your business and after negotiating with your creditors, it is all repackaged into one outstanding sum that’s paid off via a system of realistic monthly instalments and McTear Williams & Wood is the ideal insolvency practice to help arrange the terms of a CVA on your behalf from our office near Colchester. With a lifetime’s experience working with clients in a number of business sectors, we can help you achieve the best result for you.
Every day that your company wastes its resources managing creditors’ expectations and juggling cashflow is a day that you could use to run your business more productively. Implement a CVA today to free up your time and get back to doing what you do best.
McTear Williams & Wood is able to provide you an objective appreciation of your current financial situation and whether a CVA is a good option in a 1 to 2 hour initial consultation from our office near Colchester. Find out by booking your free consultation and call McTear Williams & Wood on 0800 331 7417