At Budget Plan we recognise that for your self employed customers and your business clients, their stressed financial situation requires a specialist duty of care. In these challenging times businesses of all types and sizes are finding themselves needing support for any number of reasons. Whatever the cause, the effects are the same; fewer options and hard decisions need to be made.

Let Budget Plan help you to help your clients by conducting a full business assessment free of charge in order to advise them of the best options for their business.

Business Restructuring

Any number of business restructuring solutions may be applied to help your clients business recover from challenging times. Budget Plan’s corporate recovery partners conduct independent business reviews and assist in cash flow management to enable businesses to employ a range of business restructuring solutions.

Funded Solutions

Despite the economic climate Budget Plan’s corporate recovery partners have established relationships with corporate financiers , asset based lenders and private equity providers who are prepared to consider supporting businesses in times of financial distress. These relationships often provide funding when mainstream lenders are no longer prepared to lend.

Administrations

Administration is a procedure which places a financially insolvent company under the control of an insolvency practitioner and the protection of the court. Your clients, should they be company directors in this situation may benefit from our insolvency partners advice and guidance in order to protect themselves and consider the recovery and survival options of their business.

Company Voluntary Arrangements

A Company Voluntary Arrangement is a procedure which enables an insolvent company to propose a repayment plan to its creditors. Under the plan, creditors agree and contract with the company to accept a lesser sum of money in full and final settlement of debts due to them by the company. Budget Plan’s insolvency partners will supervise this procedure in an effort to allow the business to avoid bankruptcy.