Funding matters: Navigating the route to a successful deal

Very recently we received a brief from a client in a specific industry who was looking to acquire a similar business and from that brief we carried out market research and worked with our networks to find an appropriate target.

By Paul Spencer, director at Haworths Chartered Accountants.

This network also works for clients who are looking to sell businesses. The contacts that we have developed over years of being in business work really well for us and our client base.

The same is true when we are asked to help fund a business. That funding may be to acquire a target company, to fund business growth or simply provide working capital.

Whatever the requirement our knowledge of the different types of lender and their appetite for working with different types of business is crucial in engaging with the right lender who will want to work with you, and also in ensuring that you get the best deal.

Borrowing is becoming more and more complex and is not always all about cash. Deals can be structured around specific assets such as stock, raised invoices and also orders you may have taken as well, of course, as any property you or the business may own. We are actively involved in corporate finance and have a very proactive role providing advice and help to clients who are looking to purchase or sell a business. Haworths is taking part in a seminar hosted by RBS and Rebus Recruitment on March 14 at the Bowker Maserati showrooms, Bay Horse Garage Osbaldeston. The event runs from 5pm to 7.30pm and is free to attend. Haworths tax specialist Jane O’Boyle will be reviewing the Budget, which is a few days before the seminar. Click here to reserve your place.