ACT have been engaged directly by Financial Institutions to work on their behalf in a number of areas.
We adopt a policy that communication between parties is vital to any solution.
Internal Banking Reviews
IBR can include a full review of the Borrowers business and personal assets.
This needs to conclude on the viability of the business and the level of debt this can support.
Our aim is to get the full information from the client and bring our considerable experience to bear in forming our conclusion. Detailed Financial projections backed up by clear assumptions are compiled.
Historical performance and sector knowledge is used.
Debt management plans and asset disposal strategies are included within an IBR. Statement of Affairs and personal Income & Expenditure plans for the Directors & guarantors of debt must be completed.
Our recommendations will include potential solutions to the debt including the lecvel of debt the performing asset can support.
This involved the evaluation of viability of a property work out. It also includes the monitoring of performance during the construction and selling phase.
In addition, we have been engaged as monitors to property landlords to ensure full transparency of funds recived and costs associated with property portfolios.