Lender and Creditor Management

Issues

Support from lenders is crucial for any business to support day-to-day trading and the growth of your business. These relationships can often break down if banking covenants are breached, confidence is lost in the business or there is a lack of engagement with your lenders.

Additionally, support from creditors or shareholders is often imperative. Relationships can deteriorate with even long-standing parties if cash flow and the trading position deteriorates, and reductions or changes in terms may have a significant impact on your business.