VOSCAP NEWS
I Can’t Repay My Bounce Back Loan: What Are My Options?
If you took advantage of the government’s bounce back loan scheme, you may now be having to juggle loan repayments, despite ongoing restrictions on your business.
The Implications of Personal Guarantees by Directors and Why They’re a Bad Idea
Directors’ personal guarantees are a measure of security used by financial institutions and lenders to protect themselves when providing loans. Typically, directors sign personal guarantees when seeking additional funds for their business.
Is It Time to Engage an Insolvency Practitioner?
Seeking the help of a licensed insolvency practitioner (IP) may very well prove to be a prudent decision when your business is faced with financial troubles, in which case it would be wise to take action sooner rather than later.
Making Employee Redundancies: Everything You Need to Know
In response to the hit that businesses across the country took with the implementation of lockdowns to control the COVID-19 pandemic, a furlough programme was set in motion to support employers and their workers, funding companies to continue paying 80% of their employees’ wages in an attempt to minimise the amount of workers who would have to be laid off.
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ABOUT VOSCAP
Voscap’s primary objective is to save your business. Our team of experts’ knowledge in restructuring and turnaround assignments is invaluable when assessing the best option available to your needs. With experience spanning several decades, we have the skill and resources to provide viable solutions within all industry sectors. All organisations go through difficult times and we are here to help. From small to multi-million turnover businesses, we have dealt with the most complex of cases. We offer an initial free assessment in analysing your financial position and providing clear and precise advice making your experience a simple non-complicated process.