Now that we are exiting the worst of the pandemic many businesses are considering their options. Government supports have been propping up many, but behind the scenes there are zombie businesses. These are businesses very likely to fail without this support. Many businesses need to work on a health check & evaluation their operations right now. If your business is strong, has cash reserves and an ability to borrow you could engage in the growth strategy of distressed M&A. This can help businesses improve balance sheets, become more resilient & simply take advantage of good deals.

FINANCING M&A

For now, there continues to be low interest rates & government-backed loans on the market. However, this situation will not continue. Supports will dry up and interest rates will rise. BusinessLoans.ie can help you raise unsecured finance from the strength of your company performance; or if you have assets and need more we can organise refinancing to raise more. If you buy a new company we can see what loan quote options it has to ensure it has enough working capital.

THE BUSINESSLOANS.IE VIEW

There are opportunities out there and businesses can grow and save jobs. Preparation is key, especially if you’re buying a distressed business. Your accountant will be invaluable here; or there is free mentoring available from professionals connected with the Local Enterprise Office. You can get sound financial advice & a strategic plan. If you’re a bigger company Enterprise Ireland offers similar supports. If funding M&A is part of the mix we’re here to organise fast finance quotes on 01 55 636 55 or email us at hello@businessloans.ie