Update // Current challenges in the COVID-19 phase

  • Securing & managing liquidity

  • Short-term liquidity needs in scenarios

  • Applying for grants

  • Working capital optimization
    using performance analytics

  • Crisis &
    Stakeholder communication

0.

SMP Immediately-
Measures for your company:

Installation and establishment of a powerful Corona task force

with daily meetings for evaluation and guidance the situation and the associated consistent decision implementation

Setting up a digital deployment headquarters with COVID-19 radar

as a risk assessment & monitoring tool

Establishment of a liquidity office

  • Introduction of no-go policy
  • Use a rolling weekly liquidity planning
  • Adaptation of corporate planning

Brief report on the application for state support measures


Professional and effective 360 degree financier & stakeholder management


Scenario analysis &
planning plausibility check / IBR


Optimization of profitability & cash flow through performance programs

Our general procedere in critical financing situations:

First measure:

We’ll help you to secure or restore your solvency as quickly as possible. To this end, we’ll obtain bridging financing – usually with your existing financers. Our success rate is 95%.

To the procedure: First we’ll prepare a "liquidity status", i.e. we’ll check whether all your liabilities can be met. Not only, but above all, to determine whether there is a risk of insolvency, we’ll also make use of the expertise of experienced lawyers. If the status and 3-week forecast are cautiously optimistic, we will concentrate on "liquidity planning" that convinces all stakeholders in the following 13 weeks.

1.

Second measure:

We’ll develop a realistic business case that shows the perspectives of your company as transparently as possible. Because only on such a comprehensible and convincing foundation will alternative financing solutions or the search for new lenders succeed. To this end, we’ll call in our own and financial restructuring experts.

We can find further instruments and experts among our network partners (see figure opposite).

Equally important: Our proven methodology, which quickly and specifically creates transparency with regard to liquidity-creating measures, receivables, inventories and possible stakeholder contributions. We focus on those potentials that we can draw on within the company itself.

2.

 

The SMP financing network

[+ Zoom]

financing security graph

Third measure:

We create a planning plausibility check / Independent Business Review (IBR) with consolidation reports as well as a professional restructuring or continuation report according to IDW S6/BGH with a clear growth perspective for your banks and other financiers.

At the end of this phase, you can rely on our more than 40-year reputation in the financial community, our proven negotiation strategies and, above all, on our negotiating skills.

3.

Your contact for short-term financing coverage:

Dietmar Buchfink
Managing Partner
Techn. Dipl.-Kaufmann
Email to Dietmar Buchfink
T +49 (0)221 91 27 30 - 68

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