Cashflow projection from AAB secures funding to grow care home

Our Approach 

• Discussed with management to understand their exact requirements 
• Utilised a practical approach which allowed management to focus on the day to day operational matters 
• Developed a robust cashflow projection model to be presented to the bank and used by the business going forward 

The Outcome 

• The client now has a cash flow model that links to their management accounting model so this can be used in the business going forwards 
• Key assumptions were built into the model and clearly explained 
• Our client had support from us when meeting with potential funders 
• Using our knowledge of the lending market, we negotiated the best terms for our client with regards to interest cost and arrangement fees, as well as the overall lending package 
• Our team of tax specialists worked with management of our client as well as the quantity surveyor to fully understand the build progress and exact terms 
• A capital allowances claim was finalised and submitted which resulted in a substantial tax saving in the current year as well as a refund of tax paid in prior years 
• We continually assist with monthly management accounting and VAT advice which allows the in-house accounting team to focus on their other tasks