An expert helping hand when you need it most
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.
When might turnaround finance be appropriate?
- Your relationship with your bank manager becomes strained when your company is financially distressed and you need improved banking facilities.
- Your bank has asked for an independent review.
- You need to consider leaving your existing bank.
- Bridge funding is required to cover a short-term gap in funding.
McTear Williams & Wood 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 consider tapping into our network of turnaround business angels.
Associate
- 01603 877540
- 07711 253291
- philbailey@mw-w.com
- Prospect House, Rouen Road, Norwich, NR1 1RE
Understand your financial options
Check the health of your business with our free business health check tool.
Get an indication as to whether your company has what it needs to survive.
Includes:

-Company health assessment
-Types of liquidation available
-Options & next steps
*All information provided is completely confidential and will not be shared with a third party
Free advice line for distressed company directors > 08003317417
How can we help - Book a free 1-2-1
If your company is struggling with unmanageable debts, decreased cashflow or concerns about about your company’s future, we can assess your situation and provide you with tailored solutions and options.
During your free initial advice meeting, we will discover a true picture of your company’s financial situation
and offer practical and expert guidance on your next steps.
Initial meetings can be held at our office or your premises and are completely confidential.
There is no charge for this meeting – charges only apply if and when terms of engagement have been agreed.
Related services
BUSINESS RESCUE & INSOLVENCY SPECIALISTS
Download your free Directors' guide
This free, easy-to-read guide is designed to help directors whose company is in financial distress. It will assist directors to navigate around insolvency issues and avoid potential pitfalls, split over ten sections this guide walks you through the matters in a logical order you are
likely to need to consider.
Latest news and insights
Liquidators for The Bridge Project in Sudbury invite contact from interested parties for charity’s assets
Liquidators wish to hear from anybody who may be interested in acquiring a non-defunct Sudbury charity’s assets, as they continue the winding-up process. Business rescue and insolvency specialists McTear Williams
Creative agency TMS Media Ltd to be liquidated after 36 years in business
Great Yarmouth based creative agency TMS Media Ltd has ceased trading and entered liquidation following the loss of key contracts and shifting client spending patters. The company’s website portfolio has
What do the changes to National Minimum Wage and Employers’ National Insurance mean for SMEs?
What changes have been made to the NMW and NICs? Each employee on the UK average wage will cost you £1,000 more per annum for NICs and minimum wage workers