Leeds, United Kingdom (PressExposure) July 03, 2009 -- Cooper Matthews the corporate rescue consultancy has added business refinancing to its portfolio of solutions for resolving corporate insolvency problems. Business refinancing provides an alternative to raising cash through the more traditional routes of bank loans, overdrafts and commercial mortgages. These solutions have all but dried up in the last 18 months.
Business refinancing options include areas such as asset refinance, invoice financing, trade finance and payroll finance and can provide a lifeline for companies who are struggling to raise money under the current market conditions.
Managing Director of Cooper Matthews, Derek Cooper, said:
Many company directors are being turned down by their banks for finance which is vital for the maintenance and restructuring of their business. The worrying thing is that these business owners seem to be totally unaware of the alternative solutions open to them for raising capital. Many businesses have a wealth of value locked away inside them ranging from the plant and machinery within their buildings to their contracts and the invoices associated with these.
If directors are looking for ways to finance growth in their business or simply need a way to finance a restructuring solution, in these difficult economic conditions, it is vital that they understand all the options open to them.
About Cooper Mathews Ltd Cooper Matthews Ltd provides Business Recovery Services consultancy and solutions for companies across the UK with financial difficulties. Consultancy is provided for companies and sole traders across multiple market sectors with annual turnovers from Â£50k to Â£10m and beyond.
Cooper Matthews focuses on business rescue by considering all possible restructuring solutions ranging through the spectrum of Business Refinance, Company Voluntary Arrangement, Phoenixing and Administration.
Operating independently of any one firm of insolvency practitioners, where necessary, Cooper Matthews is able to introduce an Insolvency Practitioner who is local to the area where the business is based or has a specific knowledge of the particular business function.