Showcasing the Best of Welsh Business


Who to Ask if you Need Cash


Grant Thornton’s South Restructuring Team has recently won a number of new contracts on the strength of their robust network. Having access to a wide variety of cash solutions is delivering what their clients need. Whilst the restructuring team historically worked predominantly with distressed businesses their access to a wide range of funding solutions has seen them working increasingly with growing businesses who need access to growth capital. The team has now built a market leading database and contact network which can help businesses of all sizes and at any stage if their business.

Alistair Wardell, Head of Restructuring South, tells us,

‘Many businesses do not think beyond traditional bank borrowing and are consequently unaware of the numerous sources of finance that may be available to them. These days there is an abundance of potential funding options, which is hugely positive, but this can also be daunting for those that do not raise finance on a daily basis. There are asset based lenders, banks, alternative banks, Private Equity (PE), distressed PE, debt houses, distressed debt houses, angel investors, crowd funders, bridge funders, grants to name but a few.’

He went on to say,

‘All of these parties have different criteria for their lending/investing and are looking for a unique set of returns. What directors need is someone to navigate them through the potential funding options in order to deliver cash as quickly as possible at the optimum commercial rate for their situation. This allows them to focus on running the business and making returns rather than getting tied up in fundraising. We are experts at doing this and can get businesses the money they need.’

Between them Alistair’s team has almost 120 years of experience and in addition to their own wide range of robust connections across sectors including renewables, technology, leisure, education, charities, food & beverage, retail, manufacturing and construction they offer further added value from the wealth of expertise available to them and their clients through their own internal Grant Thornton network.

Next week we will feature Alistair’s answers to questions businesses need to ask, but often do not, until it is too late!