If your business is in a scenario where there is a need to access additional capital, and potentially within a short timeframe, you may not have considered the ability to raise cash via debt and equity options. This may be due to a lack of awareness of the options available to the business, concerns that the business cannot support additional debt or uncertainty as to how you approach a complex and time intensive process. This may leave you in a position where the future funding requirement cannot be supported and creates a real risk of business failure.
Debt and equity raising options may have already been considered and which have had no success. This may be as a result of approaching the wrong parties or not considering a wider pool of lenders and equity providers who may be able to provide bespoke facilities to meet the business’s needs.
If you are in a scenario where your business is facing a future unfunded cash requirement and irrespective of whether you have previously embarked upon a capital raising process, options still exist to provide a solution. These include:
- Determining alternative measures to manage the cash position of the business which may include repayment plans with creditors and HMRC
- Engagement with your existing lenders to consider their ability to provide additional funding based upon additional security being provided, future asset sales or on the basis of a revised business plan
- The engagement of an advisor who may be able to introduce you to specialist alternative lenders and equity providers who are accustomed to dealing with non-standard scenarios; and
- Considering a restructuring of the business and predominantly its balance sheet to accommodate additional lending
We have extensive experience in working with businesses to raise additional capital. Please contact us to discuss the options available to you.