When faced with unrelenting pressure from creditors and lenders, SMEs need to make quick decisions early in the process if they hope to keep trading through lean times.
''Over the last number of years, we've worked with a number of small businesses on debt restructuring and refinancing, said Declan McDonald, corporate recovery and insolvency Partner with PwC.
''We primarily assist SMEs in dealing with their banks by preparing business plans, debt reviews and cashflow forecasting...
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