About Us
At Blac Corporate Advisory we stand by side by side with our clients, we act as a director advocate to ensure that quality advice is delivered with clarity, compassion, and confidence. We bring experience, knowledge, commitment, and honesty to the table.
We are here to help
Our goal is to return businesses back to profitability and prevent the need for a formal insolvency appointment. We provide clarity, honesty, and quality advice to businesses in financial distress. Here are some of those issues.
How can we help?
ATO Arrears?
The Australian Taxation office is the major creditor throughout the country. Tax arrears can have a huge effect on your business, we provide assistance with payment plans, remittance on penalties and interest and general negotiations.
Legal Demands?
Understanding your options should your business be under pressure from a creditor and/or creditors is vital. Creating a situation where a commercial and viable settlement for all parties is the key solid negotiations. Our success in settling creditor claims has been down to our ability to create a round table environment, leveraging off our experience in high level negotiations.
Cashflow Problems?
There are a number of reasons business experience this issue, we provide a benchmark analysis based on your financial information and provide cashflow forecasts tools to assist your business.
Can't Get Bank Finance?
Having access to acquire fast business finance has been one of our major strengths. Cashflow problems require solutions, whether we are negotiating a settlement or providing finance to purchase stock, equipment, trade finance, invoice finance or bridging finance. Our panel of lenders understand our client’s needs and react immediately on your behalf.
Winding Up Application?
Navigating a winding up application can be a complex process even if you are settling the petitioning creditor liabilities. Understanding your options within the realms of the Corps Act 2001 is key to a safe passage in dismissing the application or managing the situation effectively should there be pending insolvency event.
Appointing an Insolvency Practitioner?
Seeking advice prior to or post an insolvency appointment is vital. Having an advocate working for you can be the difference between success and failure. Four out of five Voluntary Administrations fail and end up in liquidation either due to poor compliance, pre-planning, or communication. Our experience and in-depth knowledge in insolvency has led to many successful outcomes for Directors for many years.