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VaughansDebt Restructuring
Most small and medium enterprises (SMEs) need funding to enable them to operate and grow. While some business directors are able to self-fund the running of the company, most businesses will need to seek funding from external sources at some stage.
This kind of funding can take many forms including equity investment, bank overdrafts, cash from friends and family and loans from credit providers. Many companies can end up with multiple loans from various sources, which will have been taken at different times for different business needs.
While loans can help businesses with their cash flow and working capital requirements, they can also result in the company making multiple repayments each month at varying interest rates. This can be very expensive, damaging the business’s ability to grow. If you can identify with this situation, one way to lighten the load of these loans could be to restructure your company’s debt to make repayments more affordable and simpler to keep track of.
Things can change
adapt to your present
and future
Debt restructuring can have many benefits for your business, giving you the time to do what is most important – growing your company.
Sometimes you can find that funding certain things over shorter periods than their useful working life to you was a good idea at the time…. but things can change. You don’t need to be stuck with decisions made in the past – adapt to your present and future.
Consolidate existing debts – If your business is currently paying back multiple loans every month, you probably spend a lot of time juggling the various repayments, which is a drain on your time. Restructuring your company’s debt could help reduce the number of monthly repayments you have to keep track of by consolidating these into one payment, making your life simpler and allowing you to get back to running your business.
Lower interest rates. The loan repayments you’re currently making may have interest rates that are placing a financial strain on your business. Consolidating your company’s existing debts could mean that you pay a lower interest rate overall, reducing the cost of finance to your business from outstanding loans.
Free up cash in your business. The outstanding debts you’re repaying each month may be taking up a significant proportion of the cash in your business, causing a strain on your working capital availability
Restructuring. Restructuring these debts can mean you’re making lower repayments each month, freeing up cash for running your business and enabling you to grow.
If you decide that restructuring your outstanding debts could benefit your business contact the team at Vaughan’s for a no-obligation chat.
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Bentley, Doncaster, England, DN5 0BE
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Paul Roberts:
07473 795405
07473 795405
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Paul Brookes:
07797 771972
07797 771972
VaughansContacts
Company Registered in the UK
Co. Registration Number: 13630524
Registered Address:
Belmont House, 75 Church Street,
Bentley, Doncaster, DN5 0BE
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ImportantRegulatory
Alfred Vaughan & Co Limited is authorised and regulated by the Financial Conduct Authority, FRN: 966356. Alfred Vaughan & Co Limited is an authorised credit broker and not a lender. We work with a panel of lenders whose particulars will be supplied upon request to find a potentially suitable arrangement for your consideration.
Our ICO registration number is ZB278346 and you can check via www.ico.org.uk.
Vaughans is a trading style of Alfred Vaughan & Co Limited, registered at Belmont House, 75 Church Street, Bentley, Doncaster, DN5 0BE. Our company register number is 13630524.
Whichever lender we introduce you to we will receive commission from. Different lenders pay different amounts based on different commission models and interest amounts. For transparency we only work with commission models based on a percentage of the amount you borrow and/or a percentage of the facility service fees charged by the lender. The percentage can vary depending on factors such as the size of the loan advance and/or complexity of your requirements. We will sometimes receive fees separately from you; for the avoidance of doubt, these sums would be confirmed in Our Terms of Business Agreement which, if applicable, will be issued to you for your review and execution prior to proceeding. Further details of the commission model, calculation and amount will be disclosed to you throughout your customer journey.
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This website is designed to provide you with general information only and does not attempt to give you advice on any particular financial arrangement or to recommend any particular finance to you. If you have any doubt as to whether a particular financial arrangement is suitable for you, you should contact Alfred Vaughan & Co Limited trading as Vaughans for advice.
Copyright Alfred Vaughan & Co Limited trading as Vaughans. All rights reserved.
Copyright Alfred Vaughan & Co Limited trading as Vaughans. All rights reserved.