Services for Lenders
There has been a perceptible change in the culture of corporate and business rescue over the last few years with the emphasis today on saving businesses when they get into financial difficulties. Most stakeholders now recognise that a more satisfactory financial solution can be achieved by adopting a positive attitude to problems rather than accepting business failure as inevitable.
Through independent business reviews we are able to assess the potential viability of a business to assist lenders and other stakeholders to decide the most effective way to recover value and where appropriate, implement a turnaround strategy without the need for a formal insolvency procedure.
Of course there are occasions where a rescue cannot be achieved for whatever reasons and at such times, we will recommend the most suitable form of insolvency procedure to maximise recoveries for lenders and other financial stakeholders.
Cranfield Business Recovery is a member of R3, The Association of Business Recovery Professionals and NARA, Non-Administrative Receivers Association.
