Cheswick Secures Funding for Restructure, Beating Administration!

No Comments

A combination of years of experience, our huge contact list and some strategic thinking allowed a Leeds based distribution company to refinance away from a high street bank lender that was looking at insolvency options.

Keith Steven introduced a new invoice finance company to compliment new private investor money, this allowed management to buy a struggling family company, BEFORE the administrators were appointed.

So, with no insolvency procedure the Far East suppliers were happy to continue supplying and the UK high street retailers continued to work with our client.

The bank was repaid in full. The only unhappy person was the insolvency practitioner, who lost a potentially lucrative administration.

The client approached us through our website and we provided introductions and a solution within a week.

Call now if you wish to avoid insolvency, get some strategic ideas, find new investors or lenders or get management help.

About us and this blog

We are a turnaround and finance company with a focus on growing companies

More from our blog

See all posts