Even the most successful companies experience cashflow difficulties from time to time. Such situations invariably require continued or extended banking facilities or extended funding.
We offer a range of services to help overcome a financial crisis, provide turnaround finance or turnaround management when you need it most.
To facilitate this we have an ex-banker with extensive turnaround experience in our team who can guide you on how to approach your lender. Our banking expert can also help you find alternative funding for instance bringing in specialist lenders, factors and finance brokers to raise cash when you need it most.
If bridge funding is required we have access to funds of up to £5 million to lend against assets and have put together deals ranging from £70,000 to £900,000. Bridge funding is not a cheap option but we have seen this used successfully to produce quick returns of 100% plus.
Additionally we work with Foundation East who can lend up to £100,000 to existing and start-up businesses. For more details visit www.foundationeast.org or contact Katy Ford on 0800
McTear Williams & Wood Limited can do so much more than just nurse a company through its terminal stages. Brought in early we can identify positive ways forward and introduce fresh sources of funding so contact us to discuss your specific needs. As an alternative you might also consider tapping into our network of turnaround business angels.