Tuesday 21 February 2012

Beer & Young came to the rescue at the 11th hour

Nick Young, managing director of Beer & Young is featured in an article in the ICAEW magazine (Institute of Chartered Accountants) this month.
The article was centred on the world of turnaround and funding. Its lead feature was a case study where Beer & Young successfully raised 2.5million.
The company had exhausted its funds and the bank was unable to provide the funding it required. At this point Beer and Young stepped up, introducing 7 qualified investors, from which 2 firm offers were materialised and one was accepted.
This saved the jobs of all the employees and prevented the company from having to close its doors 2 months later as predicted would have been the case without the help of Beer & Young.
Keep your business in existence… contact Beer and Young today!

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