2022 will be a year of renewed optimism for many business owners as they hope to put the pandemic well and truly behind them and plan for a more positive future and ways to grow their businesses following the impact of covid.
Raising finance will undoubtedly be at the top of most agendas with asset-based lending viewed as one of the most flexible and accessible forms of working capital available. Opus Business Advisory Group has developed over many years an enviable reputation in supporting SME’s and larger corporate businesses through-out the entire business cycle and welcomes Adrian Chambers to its business advisory division who will head up its dedicated asset-based lending team.
With a career spanning over 25 years in the financial services industry, Adrian has vast experience in sourcing the appropriate funding solutions for clients. As well as working with business owners and directors, Adrian has also worked extensively with lenders in an advisory capacity, commenting
‘Businesses of all sizes have needed to adapt to very challenging circumstances over the last 2 years where there has been a huge amount of uncertainty. Whilst it has been a difficult period for everyone, there are also positives and learnings that can be taken as businesses have needed to evolve far quicker. For example, many have embraced technologies and ways to become more efficient that has accelerated change across many industries. The team, along with the wider Group are here to help management with the shorter-term challenges such as cash flow, business planning and sourcing funding, all aspects that will be frequently encountered as business confidence returns and along with it growth aspirations.’
As a Group, Opus delivers additional services through its complementary divisions each with dedicated and experienced Partners, including corporate finance, forensic accounting, equity, restructuring and insolvency support. The full suite of services is particularly relevant to supporting businesses when looking at the potential economic challenges ahead.
It is important that companies act with speed once the management team identifies potential roadblocks, before the challenges become too big. Adrian adds,
‘Many businesses have been in survival mode for a significant period of time, and in order to stabilise the financial impacts of the pandemic most have needed to access the various Government funding initiatives made available. The initial repayment holidays for those that accessed funding a year ago will have now come to an end with business owners and directors now faced with the reality of needing to start paying back loans at a time when the business is still in a recovery phase, which is incredibly hard. We want to be working with businesses as early as possible so that we can help them navigate the various challenges ahead, create stability, and then realise future growth aspirations.’
Steve Parker, Partner at Opus concludes,
‘No one business is ever identical, and they will all encounter very different challenges across its evolution as a business. By having clear divisions in our Group, headed up by highly experienced Partners in each of their respective fields of expertise, business owners and directors know that whatever the circumstances faced day to day the necessary support is always available. We are delighted to have Adrian on board. He is a like-minded Partner, which is important to us as we grow so that we maintain our Opus ethos when delivering services, whichever division/Partner is leading the work.’
If you would like to make contact with Adrian, please email adrian.chambers@opusllp.com or contact him on 07500 058 931.