The Lowdown: tips for SMEs

The Lowdown: tips for SMEs
Barry Donohue, director, O’Connor Pyne & Co

The area of debt restructuring has come centre stage in the last few years with a willingness on the part of funders, as well as trade creditors, to consider debt restructuring solutions ahead of formal enforcement processes.

Aside from the economic factors that encourage financial institutions to remain in place so as to improve recoveries, funders and trade creditors want to reach restructuring solutions with SMEs. They are conscious of the knock on-effect on other...

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