Advisors beware: Delay could reduce restructuring options for distressed SMEs
Advisors are being warned to seek advice early or risk reducing the number of options available to their clients looking to use the simplified insolvency process.
Eligibility criteria and benefits of the new process must be considered.
How can Pilot Partners help?
Our experienced restructuring team can explain all processes available to small businesses in challenging circumstances.
We will work with you to identify:
- the current financial position of the business;
- the root cause of the problem and what solutions are available;
- likely support from major stakeholders in the business; and
- the correct business restructure for the business.
Find out more
If you have any queries or would like to see if small business restructuring is right for your client please contact Bradley Hellen, or your Pilot advisor on 07 3023 1300.