If you recognise yourself or your company in the descriptions to the right, then you should be talking to Cornmill Associates. Go to our What We Do section to find out more about our deep knowledge of the sector and how we can help your business with vital relationships in the world of finance.
As an entrepreneur or part of the Senior Management of a growth business, you are familiar with the challenges and frustrations of ensuring you have the financial resources to keep pace. That includes ensuring that you have the right relationships with funders and other finance related professionals. Business can too easily be stifled by banks or finance or a need for better understanding of finance.I support businesses and Company Boards with precisely these challenges.
You will be familiar with the frustration that bankers and SME’s increasingly struggle to talk the same language or share the belief in a business and its owner. I know how banks operate and where the stresses arise.
If your business is making property work for you on a commercial basis, you will know the challenges of accessing finance effectively and dealing with increasing regulation caused by Government based or banking related compliance.
As a long-standing client of a Private Bank you could be frustrated to find that their support is subject to more constraints and changes in policy, especially when it comes to commercial projects. It could even threaten your continued success.
Latest on our blog
A critical tool in the planning of a property development is the ‘Development Appraisal’, which sets out the financials of the project. Although a good builder knows from experience that they can build for £xxx per sq. ft., the complexity of developments now means that contingencies, professional fees and timings need careful scrutiny. It is Read more about Development Appraisals – another thing to think about….[…]
Let’s start by explaining what a ‘PG’ is and isn’t. A PG is most often asked for when a Company is seeking a loan from a bank and the bank seeks to tie in the Directors personally, it is basically an undertaking that if the company cannot pay back the loan then the Directors will Read more about Escalation in ‘Personal Guarantee’s’ – what could go wrong?[…]
News this week that Gross Margins at Patisserie Valerie were ‘constant and out of line with peers’ confirms that everyone was ‘asleep at the wheel’, not just Luke Johnson.
Buy to Let investors frustrated by increased regulation and diminishing returns from residential portfolios have turned to commercial property. We talk to many new buyers in this market, usually testing the market with ‘semi-commercial’ properties (typically retail on ground floor and flats above) because they at least understand renting flats. The auction rooms have seen Read more about Thinking of holding commercial property in a SIPP? – be aware of the pitfalls[…]