Personal Insolvency (Regulated Facilities):
Bankruptcy Annulment
(i ) Second charge loan facilities secured upon a private residence with loan facilities from £25,000 to £150,000.
(ii ) First charge facilities secured upon a private residence from £25,000 to £2 million.
Discharge a Trustee in Bankruptcy
(i ) Second charge facilities as above.
(ii ) A residential mortgage or re-mortgage having been discharged just one day.
Discharge a Failed IVA or Vary an IVA
(i ) Second charge facilities as outlined above.
(ii ) First charge facilities as outlined above.
Please note funds can also be secured upon alternative assets such as buy to let properties or commercial assets.
Corporate Insolvency:
(i ) Secured Debt - It is possible to secure debt on a variety of assets both within the business balance sheet and the Principal's personal assets. Such facilities can range from £50,000 to £10 million.
(ii ) Sale and Leaseback - If a company has a building within the balance sheet, we have investors who will buy the property and rent it back to the company. The range is £500,000 to £25 million.
(iii) Unsecured Funding - There are many 12 months facilities which can be used to stabilise a company.
(iv) Equity - Where a business is in an insolvent position there are options for the business by way of an equity injection of capital. The range of capital is from £500,000 to £30 million.
Finally, our finance & funding partner is a member of R3
and the TMA
and therefore has a true grasp of insolvency.