Banking & Debt Advisory
“Richard worked tirelessly in ensuring that we were not being encumbered with restrictive banking covenants.”
Hamish White – CEO – Now NZ Ltd
Banking Advisory
Talk to Richard, an experienced and independent banking specialist to:
Review your banking arrangements
Improve financial reporting for your bank
Act as a translator if you feel your banker is talking a different language
Position your business as an ‘Ideal’ client of the bank.
Understand how you can improve your credit rating
Review your lending covenants
“I am confident that Richard will assist any business in understanding their options, regardless of the circumstances.”
Terry Elmsly – Managing Director / Dealer Principal – Euro City
Debt Advisory
Whilst debt can be a highly effective tool, as it is a fixed charge against your business, it is important to use it wisely and build in buffers to allow for any adversities.
Leveraged lending is typically used for financing acquisitions and as it is riskier lending, you want to ensure you can deleverage within an acceptable timeframe and have realistic assumptions on how that can be achieved. Richard has successfully originated many leveraged lending transactions and has experience in funding MBO’s and Mergers and Acquisitions.
Leveraging against your business cashflow is a demonstration of the banks confidence in your business and has the benefit of reducing the banks reliance on your personal assets being used as security for business advances. Richard has extensive experience and success with cashflow lending transactions and can advise if cashflow lending is an option for your business, or what it needs to look like to achieve this.
Debt Structuring
Is your funding structure fit for purpose?
Do you have the most efficient and cost-effective facilities?
Do you want to gauge if your proposal is bankable before going to the Bank?
Would you like to establish a funding pathway, so your business can achieve its’ growth aspirations?
Talk to Richard if you want answers to any of these questions.
Choosing the appropriate debt level for your business
Richards preferred definition of debt capacity is the amount of debt that is optimal for shareholders and maximises the total value of the business, not necessarily the maximum that lenders will lend.
Richard will work with your bank to determine your businesses debt capacity and ensure that it aligns with your commercial strategy and inherent operating risks.