For the most part, CVAs are entered into because a firm has had difficulties discharging its debt. If this has happened because of a temporary cash-flow problem, then a CVA might not be in your best interests. However, if there is an underlying cause that is more structural in its nature, then a CVA can be a good option.
That’s why we offer impartial advice at Salient Insolvency so that business owners and directors can make better-informed decisions about what they should do next. We have a wealth of expertise to share with business rescues and voluntary debt arrangements like CVAs. Don’t hesitate to draw upon our knowledge if your company is in debt and currently struggling to manage financially.