Family business requires a unique approach and understanding. Our specialisation into Family/ Privately owned and operated businesses allows us to work with the direct stakeholders, be this first or multi-generational.

Where did it start?

Where are you now?

Where do you want to be?

Key elements that are critical to assess when dealing with Family Business include:

• Operating Structure and Security/ Estate Planning. Does your banking security structure match your estate plan? If property and the operating business are to be one day separated, lets solve to set this up for ease of transfer in what can be an already difficult time. If collateral is tied together and is to be distributed away from the business, this can trigger a refinance event. Let us get you prepared so that future intention is practically possible at a later date.

• Personal Guarantees and Property. It’s surprising how often we see well established businesses still pledge personal guarantees and/or the family home. In the end its a case of don’t ask, don’t get. Bank’s almost never give back security unless you ask. If you are a self sustaining business that operates autonomously there is no good reason to provide these. Let us ask the Bank’s why.