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If taking the company into Administration and setting up Company Voluntary Arrangements is the best way to get your company back on its feet, we'll tell you.
We're a qualified administrator you can trust and that's absolutely vital.
Insolvency Network has been guiding people just like you through voluntary bankruptcy for 7 years now and we have NEVER failed to deliver exactly the right solution with the least amount of pain.
For first time bankruptcies this process is easier than you could possibly imagine when you have us by your side, guiding you through every stage of the process.
No matter what form of commercial funding is required we will find the right choice for you and lead you through the entire process so you can focus on your execution strategy.
We give you the freedom to do what you do best when you trust us to do what we do best.
Debts come in a variety of types but in general terms they can be categorised as priority and non-priority debts.
Knowing how to categorise your debts can be a great help in protecting you and your hard-earned assets
If you are not familiar with a CVA, you may still have heard of an IVA, which applies to an individual. A Company Voluntary Arrangement is a legally binding agreement between a troubled company and its creditors.
The intention is for the company to repay as much debt as realistically possible while allowing a company to remain operational and without requiring a change in ownership, management or work-force.
Factoring is based on a relatively secure asset the cost of financing this way can be much cheaper that other forms of funding and it can be a lot simpler to process. These facts can work in your favour.
There are three types of liquidation. If the troubled company is insolvent then it may be that it enters into a Compulsory Liquidation or a Creditors Voluntary Liquidation. In the event that the company is still solvent but the situation demands that the company be wound up, it could be entered into a Members Voluntary Liquidation.
Director Personal Guarantees can be an excellent way to secure necessary financing at rates that are typically less costly than other types of financing or in cases where the company does not have the financial strength to obtain the financing independently.
Private Equity Funding is like entering into a marriage and in today's world that means choosing your partner with great care and having a prenuptial agreement that is rock solid.