Business Recovery
FC Transport Consultants are not insolvency practitioners and do not accept regulated insolvency appointments. Accordingly, we have no agenda to obtain this type of work and we are able to bring an independent and truly objective approach to helping a passenger transport business that is struggling or in danger of becoming insolvent. We can review and assess the situation and, if it is recoverable, develop a turnaround plan and help you to implement it. As always, our service is holistic and can include, for example:
- Financial modelling of alternative scenarios;
- Review of service profitability and consideration of possible service rationalisation;
- Review of overheads;
- Assistance with cash flow management;
- Liaising and negotiating with:
- The transport authority and regulators;
- In-situ finance providers such as your bank and vehicle finance providers;
- Other creditors; and
- Developing funding solutions and raising turnaround finance and government or transport authority financial assistance