Sole Trader had £180,000 of debt hanging over him – Lines Henry finds the right solution John had to stop...
Here at Lines Henry, we know first-hand the struggles that many businesses/individuals are facing in the current financial climate.
Business owners have a lot to think about during these turbulent times – price inflation and the rise in energy prices being just two factors which may be keeping them awake at night.
Alongside this, there is a global supply chain disruption to consider, which is putting stress on businesses both financially and on delivery of their goods or services. The current situation is either causing a delay in materials, goods, or services being delivered on time, meaning lead times to customers are suffering or businesses are having to take the risk of ordering materials at a much greater level in advance, which has an impact to cashflow.
Many businesses are also facing issues with staffing, salary rates increasing and a shortage of workers, which can also cause a delay in goods or services, and again impacts that very important cash flow.
Individuals who were struggling to make ends meet prior to the current cost-of-living crisis are now finding themselves turning to alternative, more expensive ways to raise money. For example, pay day loans, which in the short term solve an immediate problem but does not solve the individual’s personal financial situation in the long term and could potentially make matters worse.
If you are struggling with either personal or company debt, it helps to speak to someone who understands. Reaching out to a specialist recovery and insolvency expert means you can be on the road to recovery much quicker.
The sooner you call, the sooner we can put a plan in action to help you get back on track and stop worrying about money troubles. We have been helping individuals and businesses for decades, and there is no situation we haven’t seen.
There are a number of ways we can help:
Businesses
- Looking at alternative ways to raise money – Bank Loan/Asset Finance/Invoice Finance
- Informal arrangement with creditors
- Formal arrangement with creditors
Individuals
- Looking at alternative ways to raise money – Re-mortgage, consolidation loan, 3rd party loan etc
- Informal arrangement with creditors
- Formal arrangement with creditors
All initial consultations are free and confidential. We do not enter into any discussions with any preconceptions of what the solution is and tailor our advice to each individuals/business circumstances.
At Lines Henry, we take the stress out of difficult circumstances by gaining an understanding of the situation, evaluating the alternatives, and assisting in the process to get to the best outcome for all concerned. In short, we can help – we offer a free consultation so please get in touch – we really will help you feel better –www.lineshenry.co.uk, 0800 012 6649