AUSTRALIAN CAPITAL LENDING ON RECEIVERSHIP
In the life of a small business, there is no period more harrowing than when the death knell of receivership followed by the threat of insolvency looms as a distinct possibility. Often, you are mired in debt, struggling to pay your valued staff, and the business you fought so hard to establish is on its knees. However, all is not over yet.
Australian Capital Lending has worked diligently and intelligently to bring many companies back to their former glories. The most important thing to do when facing a prospect such as receivership is to immediately contact financial professionals at the first sign of trouble. The earlier the problems are detected and dealt with, the better. The very process of receivership involves the act of the company trying to strike distress-rate deals with potential investors. Deals like these are always less than favourable.
If a small business owner plays their hand too strongly, and the would-be investors get the sense liquidation could follow, they know they will be able to buy your business for a bargain-basement price. No small business owner can be expected to be practiced in tightrope-style negotiations such as these, which makes hiring a team of professionals like those at Australian Capital Lending vital. If the bank has appointed a receiver – which, no doubt, they have told you they resent doing – it is because they expect the liquidation of your company. The receiver, make no mistake, acts in the interests of the bank and not the company, it’s owners or employees. If you contact Australian Capital Lending, we will fight for you and your business.
RECEIVERSHIP IS NOTHING TO BE ASHAMED OF
Many highly respected and trusted business, and corporations, go into or face receivership at some stage. In many cases, multiple times. While it can seem like an intimidating and overwhelming predicament, with the right legal and financial help it is certainly something that can be overcome. Our financial experts come from a variety of commercial backgrounds, and are well versed the in the way smart businessman find themselves in this predicament. Whether it be by borrowing, organising a complex loan, or finding an investor at a reasonable price, Australian Capital Lending can help you.
AVOID RECEIVERSHIP WITH THE HELP OF AUSTRALIAN CAPITAL LENDING
At Australian Capital Lending, we’re compassionate with clients that have suffered financial hardship and believe saving their business is beyond them. Contact us now!