Credit Crunch !! - 27/04/2008

We are seeing an increasing number of Cases where Company Directors have borrowed personally on Credit Cards or Loans to support their businesses, and where the servicing of this debt is now becoming a problem. Although we do not deal with personal debt, we are happy to look at they type of situation illustrated above. Contact us for further information.

Bank Fees - 04/06/2007

This topical and emotive subject needs to be approached with some care. Banks are entitled to charge fees for their services and these are often noted either in loan and/or service agreements between banks and their business customers. The area that is now featuring more regularly in referrals to us is the area of Management Fees. These charges sometimes seem random and excessive. Please contact us if you wish to have an initial chat about fees charged in relation to your business.

Factoring/Invoice Discounting - 04/06/2007

We are seeing an increasing number of cases where, if a company has been persuaded to use the factoring/invoice discounting arm of their clearing bank and subsequently encounters cashflow or operating difficulties, the factors and the bank seem much more intent on ensuring that they suffer no loss even though that may mean the ultimate demise of the business. If this scenario sounds familiar to you why not call us - we may well be able to help.