We have extensive experience in helping business owners and individuals who have liabilities to banks or other financial institutions either through the business or through personal guarantees. It is vital that a thorough review takes place before any negotiations take place.
We can very quickly guide you through the merits of any action. We also outline various options that are commonly overlooked but can be instrumental in achieving results. Given our experience dealing with financial issues we have an innovative approach to resolving issues.
It is particularly important to seek advice if you or the business were sold financial products which may have contributed to any financial problems. If this is the case we are authorised to deal with such matters.
We had numerous success stories to demonstrate how we have helped businesses and individuals negotiate successful settlements with banks and other creditors.
INTEREST RATE HEDGING PRODUCTS
CAP, COLLARS, STRUCTURED PRODUCTS and INTEREST RATE SWAP AGREEMENTS
This was a hot topic for many businesses encouraged to take loans with “Hedging”. They were eagerly sold to many unsuspecting proprietors who relied on the representations made by the financial institutions selling them or found them too difficult to understand. We identified these products as being a problem in the market place well before the new review procedure was announced and have lobbied about them for some time.
They were very bad news for many businesses and they were often very expensive to get out of.
See our commentary in the press. Yorkshire Post.