What We Offer
Optimum Debt Management
Business Debt is an inevitable part of the business cash flow cycle. However, excessive debt hampers business dealings since cash flow gets restricted. Businesses facing severe debt find it difficult to honour their financial obligations. GBS, through it’s network with the banks, works with businesses to award appropriate reliefs on the merits of the case.
The process followed is
Assessment of Financial Situation
A detailed assessment is carried out by GBS in terms of the dimensions of the debt
Dry Due Diligence to validate the situation
An overview of the extent of the potential damage and the reasons thereof is ascertained through initial discussions with the business owner and his representatives
Ascertain the Stress (Debt)
Getting the exact value of the debt after detailed discussions and financial statement
Initial Solutions (Increase Net Asset Turnover)
Invite expert opinion through GBS’s network of experts to provide immediate relief. This is a short term measure, but needs immediate action.
Non-operational assets review
A more comprehensive solution would be restructuring the debt by looking at assets which can be liquidated to reduce the burden
Charter of Operational Improvements
GBS carries out a brief audit of all measures that can be taken in terms of operational improvements that can be brought about. This requires complete transparency on behalf of the businesses
Review of Assets & Liabilities (Rolling plan)
A detailed analysis of Assets and Liabilities with a view to liquidation and consolidation, to arrive at measures to extract cash from unutilized assets and bundling of liabilities or negotiating with debtors.
Liasioning services with banking authorities
Discussion of a comprehensive relief based on all the above measures
Hand-holding during the process
GBS takes the business through the entire process end-to-end till the time all the reliefs have been realized and business is back on track
Periodic Assessment & Review
A follow up plan where GBS and ensures that there are no slippages or deviations from the agreed plan of actions so that business is back on track.