Cable Finance can provide innovative solutions to Directors of Companies experiencing financial difficulties.

Many companies experience cashflow pressures following a withdrawal of facilities from their Bank or Asset Backed Lender which are often guaranteed by the Directors. The lack of funding may be strangling the business and leaving the Directors with formal insolvency of their business as their only option.

Often the Bank or Asset Based Lender will have engaged external accountants to carry out a costly Independent Business Review in a short period of time. The accountants may not fully understand the dynamics of the business and could draw conclusions and make recommendations to the Bank which the Directors disagree with, leading to an atmosphere of hostility when a more collaborative approach may be more effective.

Subject to a review of the underlying asset security, and proposed strategy going forward Cable Finance can provide sufficient funding to replace the existing Secured Lender and will offer additional support where necessary.