Lack of liquidity
The sooner you act, the more options you have.
Liquidity problems are frequent, and can result from rapid growth, a change in market or the loss of an important customer. Faced with this pressure, suppliers demand payment, banks become less flexible and payroll costs mount up. The entrepreneur must then make difficult decisions, such as injecting personal funds, cutting costs or negotiating with creditors.
Certain procedures, such as a proposal, allow creditors’ claims to be suspended, but must be administered by a licensed insolvency trustee. BRESSE’s professional support helps to establish a clear plan to protect the company and its management.
Is
your situation?
Answer the questions to get a clearer picture.
Your company holds many assets, but your cash flow is no longer sufficient to meet current obligations?
You’re making a profit, but debt repayments are choking your cash flow?
Are you unable to meet your payment deadlines?
Is your line of credit constantly maxed out, with no way of paying it back in the short term?
Do you regularly use credit to cover cash flow shortfalls?
Possible solutions
Find the best solution
No matter what your company’s situation may be, there are solutions to streamline your processes and restore a more balanced approach to management. Our teams are here to support you with services tailored to your needs and goals. Discover the options available to you.
Inspiring testimonial
Jean-François' company's lack of liquidity
“When things started to deteriorate, I didn’t know where to turn. I couldn’t sleep, I was afraid I wouldn’t be able to pay my employees, and I could see my years of working more than 70 hours a week – falling by the wayside. When I first met Émile, I felt I was no longer alone. He took the time to understand my reality, to talk with my bank and even with the tax agencies to find a viable solution.” Jean-François
Other situations
Debt to government
Progressive indebtedness results from the slow accumulation of debts due to recurring deficits or inadequate financial management, which weakens the company's health.
Legal proceedings
When a company is the target of a seizure or judgment, its accounts can be frozen, its assets seized and its activities paralyzed, rapidly worsening an already precarious financial situation.
Decline in sales
A sharp drop in sales jeopardizes a company's stability. Whether it's the result of a loss of customers, an economic slowdown or increased competition, it calls for a rapid response to limit the impact.