Post Commencement Business Rescue Finance.
We provide finance to distressed businesses that have been placed in business rescue and have an appointed rescue practitioner.
Restructuring of companies in financial distress is on the increase globally. In line with this trend, Chapter 6 of the new Companies Act, No. 71 of 2008 (the Act) introduces business rescue to the South African business landscape. South African companies that are financially distressed in South Africa now have an opportunity to reorganise and restructure. This has far reaching effects on creditors, financial institutions, shareholders, employees and restructuring specialists.
We are a specialist provider of post commencement business rescue finance. Apply now to receive a list of requirements.