Debt restructuring and negotiations

The Celtic Tiger era has left many business with unsustainable debt levels for their businesses going forward .We can assist business that are fundamentally sound in negotiating with their lenders to restructure their debts and provide a sustainable path going forward.

The Central Bank has set targets for banks to deal with loans to small firms which are in arrears. The bank said that one if its priorities for 2013 is resolving over indebtedness of SMEs. One of the priorities was to disentangle viable debt from unsustainable property debt.

We will review your situation with you and ascertain what the sustainable debt level actually is for your business going forward. We will explore all alternatives to deal with the situation and decide on what is the best plan for the business. We will then assist you on dealing with the financial institutions and prepare any necessary financial reports.