Informal agreement with creditors
The informal agreement is a proposal negotiated with your creditors to reduce your debt or adjust repayment terms, such as interest rate or payment period, to better suit your company’s financial situation.
This agreement must be negotiated and formalized in writing to avoid any ambiguity. Your advisor will be with you every step of the way, including contacting your creditors if necessary.
Once the agreement has been reached, BRESSE will help you prepare the documents needed to formalize the deal.
Is the informal agreement with creditors relevant to your business?
If any of these statements apply to you, an informal agreement may be the right solution.
You want to avoid bankruptcy or formal insolvency proceedings while easing your financial burden.
Your payment difficulties are temporary and you can propose a realistic repayment plan.
You still maintain a relationship of trust with your creditors and are open to negotiation.
You want to retain control of your company without legal intervention.
You need more flexible repayment terms (reduced rate, adjusted repayment schedule) to restore your financial equilibrium.
The advantages of an informal agreement with creditors
Discretion assured
The agreement is amicable and protected from legal proceedings, which protects your company’s reputation.
Flexible terms and conditions
Repayment terms are adapted to your financial reality, with revised rates and maturities.
Business continuity
You can continue to operate as normal, without interruption due to recourse or loss of confidence.
Lower costs, greater agility
By avoiding formal legal proceedings, you reduce costs and gain time to put things right.
Steps to an informal agreement
with creditors
Find out how an informal agreement with creditors works and what it means for your company.
Assessment of the company's ability to repay its debts and identification of the creditors concerned.
Drawing up a realistic offer: reducing the balance due, easing payments or extending deadlines.
Presentation of the proposal and negotiation of terms adapted to the company's situation.
Formalize the negotiated agreement to avoid any ambiguity or misunderstanding.
Implementation of the agreed plan and rigorous monitoring of payments and commitments.
Opt for the informal
agreement with creditors
The informal agreement enables the company to negotiate directly with its creditors to adapt repayment terms to its financial reality. Without going through the legal process, this solution offers a degree of flexibility to avoid debt escalation and gradually regain control.
Real-life cases of corporate debt resolved thanks to our expertise.
Find out how BRESSE has been able to offer tailor-made solutions for every situation.
Mélanie and Karine’s dispute
"Thank you to the BRESSE team for taking the time to explain the options available to me. The solution suggested by my professional enabled me to avoid bankruptcy."
Jonathan’s construction company
"Thank you to Émile and his team. I was taken care of the very same evening I contacted the Bresse team. In just under an hour, Martin broke down the problem and clearly explained the possible solutions to me."
Marie-Ève’s boutique
"Thank you to Martin and his team. I was taken care of the very same evening I contacted the Bresse team. In just under an hour, Martin broke down the problem and clearly explained the possible solutions to me."
Jean-François’ company’s lack of liquidity
"When things started to fall apart, I didn’t know where to turn. I couldn’t sleep anymore, I was afraid I wouldn’t be able to pay my employees, and I saw my years of working 70+ hours a week slipping away. At my first meeting with Émile, I felt like I wasn’t alone anymore. He took the time to understand my reality, to speak with my bank and even with the tax agencies to find a viable solution."
Other solutions
Commercial bankruptcy
Business bankruptcy allows a company to cease operations while ensuring its liabilities are settled and future problems are avoided. In many cases, it is the most direct path to a fresh start.
Concordat proposal
Negotiating an agreement with creditors to protect your business is often a more attainable option than you might think.
Notice of intention to make a proposal
A notice of intention temporarily suspends the payment of your debts, allowing the company to take a step back to assess its options before committing to financial restructuring.
Financial recovery
Financial restructuring involves thoroughly reviewing a company’s financial obligations and management to make it viable and competitive. This process helps identify concrete solutions to reduce debt burdens, improve profitability, and sustain long-term operations. The goal is to restore the company’s strength, enabling it to face the future on a solid and sustainable foundation.