Our Debt Advisory team is available to provide professional advice to help your business utilise flexibility or seek amendments to current loan documentation, as well as provide guidance and resource to support requests for additional funding.
We can help assess near term cash flow liquidity hurdles and formulate strategies to approach existing lenders, with a view to amending facilities where possible. We are in contact with all major lenders and can assist with conversations regarding amortisation holidays, tenor extensions and financial covenant pressure.
Lenders remain committed to supporting businesses; however, the recent outbreak will inevitably mean that new capital requests will be subjected to increased scrutiny. Approaching lenders with a well-constructed and commercially aware proposal is pivotal to accessing add-on facilities or additional working capital capacity. Our team is available to advise on how to best position the business and approach the market.
The Spectrum team are available to discuss options available to you and will continue to track developments to provide more information as it becomes available.
Twice nominated in the ‘Debt Adviser of the Year’ category at the National Private Equity Awards (2018 and 2019), Spectrum’s team of specialist banking professionals are widely recognised as leaders in the field of corporate debt advisory. The team is led by Managing Director and Head of Debt Advisory Ian Milne, who has over 25 years experience in corporate banking and debt advisory, and was recently named ‘Dealmaker’ of the year at the Insider South East Dealmakers Awards 2020.
The team have supported clients on many of the regions most notable transactions, assisting with raising finance to support acquisitions, provide working capital or refinance existing facilities. The team have extensive experience presenting opportunities to potential funders, outlining the business’ proposition and negotiating loan terms and conditions.
For more information please contact a member of the Spectrum Debt Advisory team, alternatively email CBILS@spectrumcf.co.uk and we will be in contact to arrange a convenient time to discuss your particular circumstances.