Business solutions group Leonard Curtis has enrolled some of its most experienced and respected personnel to a new debt advisory service – bringing decades of financial expertise under a single umbrella.
Leonard Curtis recently announced the launch of the debt advisory team within a broader offering to support clients requiring advice in an increasingly challenging market.
The company has now confirmed three debt advisory directors – Simon Carrier, Dave Allanson and Shaun Hyland – will head up the department to provide SMEs with the most appropriate debt offering to support growth, refinancing or acquisitions.
Leonard Curtis’ Corporate Strategies team becomes part of debt advisory – with Joe Douglas, Max Richardson and Joshua Timmis adding expertise in areas including ‘Time to Pay’ arrangements with HMRC and lender reviews.
With 100 years of combined experience in all facets of funding, Leonard Curtis’ Debt Advisory team offer invaluable guidance that can help SMEs navigate 200+ market lenders and understand the vast array of products and structures available.
Simon Carrier stated: “We’re very proud of being able to offer such a vital service to SMEs at such a crucial time – creating a debt advisory option for businesses who wouldn’t ordinarily have access to such help.
“With a strong team and so much experience behind us, we know better than anyone how to align facilities and funders with a client’s strategic goals and personalities.
“Our team provides financial support around covenant breaches and headroom creation – whilst accounting for changes in banking appetites. We also offer assistance in obtaining growth funding for organic expansion or acquisitions, providing market reviews to obtain an appropriate level and structure of facilities.”
Dave Allanson added: “The debt advisory team offers a fresh pair of eyes to review existing borrowing arrangements and how these can be tailored to future needs.
“We understand what the lenders are looking for and undertake negotiations with these parties on behalf of the client.
“Our team have a great deal of experience in structuring deals for SMEs and mid-corporates and we have recruited talent from our funding and corporate strategies departments to cover every area.”
Leonard Curtis has recently formalised its group into three distinct pillars – restructuring and insolvency, legal and funding.
The result is a unique multi-disciplinary proposition in the SME to mid-market space, with the debt advisory team spearheading a key part of this new strategy moving ahead into 2023 and beyond.