Company description
A Fast Track CVA is an innovative company restructuring procedure that provides a safety net for viable businesses in this time of economic uncertainty. It is an appropriate solution for many SMEs that are struggling with cash flow problems and creditor pressure and allows companies to negotiate the repayment of debts in manageable instalments so that the business itself is given the breathing space to prosper again.
When implemented efficiently, a Fast Track CVA is an excellent tool that can steer previously profitable businesses out of the red and back into the black whilst satisfying creditors. COVID-19 has put thousands of businesses at risk of collapse through no fault of their own and a Fast Track CVA is an ideal solution if the business itself is still viable but needs the space and time to recover.
