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
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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.
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Download your free Directors' guide
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likely to need to consider.
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