Independent Business Reviews (IBRs)

The problem:
When companies facing financial challenges explore refinancing and/or restructuring options, financiers’ need for information and transparency increases, especially when creditors doubt the ailing company’s projections and ability to repay debt. There emerges a need for an objective, third-party assessment to provide a sound basis for all stakeholders to make their future financing decisions.

Our solution:
Eight International’s independent review of clients’ financial history and forecasts helps to shed light on their overall financial health. This helps clients assess their ability to meet commitments while considering new lines of financing. Our wide-ranging expertise means that in the event that an activity is assessed to be loss-making, our Restructuring team is at hand to carry out an analysis.

Our independent busines review support is centred around three key areas:

• Within the framework of debt refinancing, we carry out a review of clients’ financial position to ensure the feasibility of the operation.
• We help review client business plans and cash flow projections to assess their company’s situation in the context of requiring a commitment from lenders, including business evaluations if needed.
• We assist in modelling how refinancing affects client cash flow and bank covenants to evaluate their capacity to meet lender obligations.