How Can We Help
Solutions designed around your business goals
Resolve Debt & Avoid Insolvency
Often trade creditors and loan repayments spiral out of control and at this point your relationship with funders and suppliers will begin to break down. This instability combines with the commercial and personal financial stress causing you to wonder if the company can even continue to trade.
At this time, accountants and solicitors will invariably start discussing insolvency and even the appointment of a liquidator. At MGMT AUS we are experts at negotiating with creditors and have assisted many companies to avoid insolvency, even when the director and their accountants had believed there was no other alternative.
The last thing your creditors want is for your company to go into liquidation or administration as the financial result for them can be devastating. Once we contact them and let them know that we want to work together to avoid this, we generally find they are receptive to settlement terms and amounts that you would have considered impossible to attain.
When presented appropriately with the facts and the recovery strategy, we find that most funders and creditors appreciate this open and honest approach to dealing with your company debt and are happy to continue the relationship moving forward.
Funding Solutions
MGMT AUS works closely with a large network of licensed and qualified funding experts and lenders. These lenders will generally advance funds to our distressed customers for the purpose of bringing your business back from the brink via a mutually agreed recovery strategy and time frame.
Our continued success in business recovery often sees these lenders advancing funds to our clients that would otherwise not be available. This can occur as the lenders will base your companies borrowing capacity around the projected serviceability after we have completed the recovery strategy, providing much needed funding to relieve immediate pressures and begin the recovery process.
The recovery strategy is very much a part of the overall funding solution as it will identify a methodology that will require your company to borrow far less money that you may have believed was required.
Loan payment terms will be structured to fit in with realistic cash flow estimates, and once we have completed our work together qualified funding experts will be available to replace your facilities within the main banking stream.
Involvency Assistance
Not with standing your best efforts, there are times when liquidation and bankruptcy are unavoidable, and without the appropriate assistance, the consequences can financially expose you and your family.
Liquidators and Trustees have a statutory obligation to represent your creditors and are often remunerated through the funds that they can recover from you on behalf of those creditors.
Therefore, whilst there are many lawful protections and defences available to you when dealing with Insolvency, it is generally not a liquidator or trustees responsibility to advise you of them. At MGMT AUS we will become your advocate and deal with these people on your behalf to ensure we identify and implement every reasonable and lawful option to reduce your exposure, whilst ensuring your absolute compliance with the insolvency process, including your fiduciary requirements.
In short, we work on your behalf to protect you while liquidators and/or trustees are statute bound to represent your creditors.
Commercial Restructures
Business and personal situations are continuously changing generally due to external factors that are out of your control. Outstanding debtors and overdue creditors can cripple a company to the point where the business can no longer operate.
A well thought out and tailored restructure strategy, can turn this around and allow you and your business to move forward, often with the support of these creditors. To achieve this, we need implement a strategy which will amend your current situation so that you are in a position to take advantage of these changes and seize the opportunities.
At MGMT AUS we believe that the principal focus of any re structure should start with the protection of the directors, their personal assets, and of course their families. Once these primary concerns are addressed, we can work together developing a structure that enables you to “get on with your business “and enjoy the life that you envisaged when you began this venture.
We will work with you to design a solution that combines a restructure with an appropriate funding strategy that will ease your financial stress and enhancing your borrowing position.