A succession plan, lays out how you see the business transitioning, to whom, and the necessary steps along the way to make this happen.
Andy Haigh, partner at BHP Corporate Finance, explains the value that corporate advisers bring in structuring a company buy-out
Firtitudo Ltd has secured a £1m funding facility from alternative finance provider, ThinCats.
WG Carter Ltd specialises in the renovation and construction of high quality residential homes across Oxfordshire and the Cotswolds. In addition to luxury new build projects, the team carefully renovates beautiful country houses and restores them to glory, bringing them up to date with the latest services and decoration, whilst preserving their history and features for future generations.
ThinCats is helping shake up a Derby-based linear vibratory systems and parts handling business with a £1m loan to fund an MBO.
However strong your business proposition, realising it through a cashflow-based loan can be nigh-on impossible through traditional channels. Banks these days are reluctant to lend on anything other than bricks and mortar.