Following a thorough review of current arrangements, our team often finds a disconnect between their needs and the arrangements they have with their financier. Often, this is as a result of assumptions and solutions made about industry sectors that do not correlate with the individual operations of dynamic and profitable businesses and their key people.
Unless there is a compelling commercial reason to refinance, Balanz will approach your incumbent bank with the aim of negotiating the proposed restructure with the identified improvements. In most cases we will organize a meeting and then provide a written proposal for the bank, which would require approval by the bank’s credit department.
In the unlikely event that we do not achieve the desired outcome, we will review the situation with you and, depending on the level of savings, recommend a refinance/tender process.