We are able to assist Financiers in the monitoring and reporting of a business which may not be meeting the lending requirements of the Financier.
As more businesses are utilising all available forms of finance to meet working capital, capex and other financial requirements of a business, so to is the need for such exposures to be pro-actively managed. This is particularly the case where there is a business that may or could shortly be showing signs of financial distress. Such distress could be based on inexperienced management or a particular industry change.
We understand the importance of the banking relationship the financier has with the business’s in this risk category, in addition to where possible rehabilitating or restructuring the business in co-operation with the financier.
It is important that concise, accurate and timely reporting is provided to the financier in order that they can ensure there is no unnecessary increase in their exposure and that the underlying securities they have are safeguarded.
The areas in which we can assist Financiers are:
- Investigating accounting reports.
- Comprehensive business reviews, risk identification and business recovery strategies.
- Acting as Receivers and Managers, Agent for the Mortgagee in Possession, Court Appointed Receivers/Liquidators and Voluntary Administrator.
We are also able to tailor our investigations and reports to the specific needs of the Financier, ie fraud investigations and would welcome any enquiries in this regard. For further information, please click here or ring (612) 9251 5222.