Rescue My Business
If you’re worried about your business, get in touch with one of our helpful experts for confidential advice. We provide guidance and support to Directors and shareholders to turn your struggling business around. With years of experience in Insolvency, we can help you to determine what is working for your company and what isn’t to help you restructure your business.
How we can support you and rescue your business
The earlier you’re able to reach out to our experts, the more we can do to help. We understand that contacting us about your business troubles may be daunting. But you’re not alone. Millions of people face difficulties with their business financing every year, each with the potential to turn their business around with specialist advice and support.
We work with your company to determine if there is a viable means to turn your business around. We specialise in debt help, such as:
- HMRC fines and penalties
- Utility bills
- Creditor debt
- Bounce Back Loans
- Bank loans
- Credit card loans
- Lease issues
- Tax issues
And more.
Once we’ve determined the causes of your financial troubles, we will help you plan and coordinate your business restructuring. This can mean a variety of things depending on your individual circumstances, but typically, it can include refinancing, reorganising your operations management systems, streamlining your systems and more.
All businesses need to continually restructure in order to keep up-to-date with ongoing changes, either in their market, society or sale patterns. Expert guidance and assistance can help you to quickly find the root of your issue, and help to manage your company going forward while you reorganise your business to process these changes. We ensure that the best options for you and your business are selected. With one-to-one help, we’ll work with you to save your business.
What options are available to save a struggling business?
There are many options available to you to ensure that your business avoids insolvency. Unfortunately, there’s not a one-size-fits all solution. Our experts will need to learn more about your unique situation to provide you with the most effective result. With that in mind, there are typically three options that are available to help you with restructuring your business. This includes Administration, a Company Voluntary Arrangement, or a Partnership Voluntary Arrangement.
This option allows businesses to continue trading while allowing time, space and legal protection to pay back your creditors.
A Company Voluntary Arrangement is a formal debt payback arrangement that can typically last between three to five years. Here, Directors are able to negotiate an agreeable payment plan between creditors, which provides breathing space to pay back outstanding loans. To qualify, 75% of your creditors will need to agree to your CVA proposal.
A Partnership Voluntary Arrangement is similar in principle to a CVA, with the main difference being this is a specific agreement made between partners and creditors.
How Restart BTi can help rescue your business
Beginning the process of restructuring and rescuing your business is the first, and most effective, step to a successful future. Throughout any process, our friendly and knowledgeable team will be there to support the directors and stakeholders. We provide confidential, one-to-one guidance to ensure that you and your business are supported through your journey. Simply fill out the form below with a preferred time/date for us to contact, and one of our experts will be in touch with you.
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Restart BTi
Suite 44 Dunston House
Dunston Road
Chesterfield
Derbyshire
S41 9QD
- 01246 959 388
- Fax: 03333 444 993
- Email: enquiries@restartbti.co.uk
Restart BTi is the trading name of Restart Business Turnaround Insolvency Limited, a limited company registered in England and Wales no: 11517419
Registered Office: Suite 42 Dunston House, Dunston Road, Chesterfield S41 9QD
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