Spend £75 to get £100k+? Grants for turnarounds.
The Debt Boutique
Pre-Pack & Transaction Funding Specialist Debt Packagers
Funding Opportunity of the Month - January 2010
- Grants from £100,000 upwards
- Available across England & Wales (except London)
- Available for Turnaround situations
We have tied up with a firm of grant specialists who are able to source grant funding for turnaround situations where:
- there is a realistic turnaround proposal (so no dead ducks)
- the bank or other existing funders remain supportive (which essentially means that the new funds are not simply to be taken in reduction)
- the funding is justified by the sustainability of the business and protection of the jobs of substantial parts of the workforce (but not necessarily all)
Funding can be arranged quickly, in one case within three weeks, and is typically in the range £200,000 to £300,000.
Applicants will require full business plans including three year forecasts (ten year forecasts required for sums in excess of £500,000).
The first step is an initial review of the prospect and assessment of the grant support that may (or may not) be available. At £75 for this initial report is this something that a business seeking funding can afford to miss?
When time and success are of the essence, use the specialists
As experienced turnaround and financing professionals we understand the need for the right deal, on the right terms, delivered in the right timescale.
For more details of how we may be able to help your clients contact Mark Blayney on:
Tel: 01434 345528
Mobile: 07769 686450
Email: help@turnaroundhelp.co.uk
About The Debt Boutique
The Debt Boutique is a specialist service focused on the professional and swift arrangement of packages of structured finance, across the whole of the UK, to support time pressured Pre-Packs and other Transactions.
It combines the skills and experience of two leading practitioners in the area.
Institute for Turnaround member Mark Blayney is a Chartered Accountant with a 20 year background in SME corporate insolvency, turnaround, restructuring and refinancing including experience in intensive care banking and asset finance broking.
He works closely with Stuart Hare, one of the UK’s leading commercial asset finance brokers and founder member/director of the NACFB, with 25 years of experience in working with IPs and bank work out teams on refinancing rescues and exits.
Commercial Finance Today