Restructure Now helps Australian companies restructure their debts through the Small Business Restructuring process.

Save your business.
Stay in control of your business.
Fixed price service.

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Restructure your Company debts into one simple monthly payment.

The Small Business Restructuring process allows the Director of the Company to put foward a Restructuring Plan to creditors to restructure debts into one monthly payment over a period of up to 3 years. The Company continues to trade as normal and you stay in control of the business.

Restructuring is a better solution than Liquidation for both the Company and Creditors.

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Successful Small Business Restructures

Concreting Business Achieves $800,000 Debt Reduction

On our appointment the business had $950,000 in unsecured debt. We helped the Director put foward a Restructuring Plan where a total of $150,000 would be paid over 30 months. Creditors accepted the proposal as Liquidation offered no return.

Creditors accepted $150,000 Restructuring Plan over 30 months.

If the Company was placed into Liquidation, creditors would have not received a dividend.

16 jobs saved

If the Company was placed in Liquidation all the employees would had their employment terminated. By accepting the Resturcturing Plan, creditors ensured that the business could continue trading and employing staff.

Brisbane Electrician Achieves 72% Debt Reduction

Brisbane electrician struggling to pay tax debts after being impacted by Covid. The business owner was ready to shut the business down but was saved through the Small Business Restructuring process.

Creditors accept lump sum payment Restructure Plan

We assisted the Director to put foward a lump sum proposal of $65,000 which creditors accepted.

5 jobs saved

If the Company was placed in Liquidation all the employees would had their employment terminated.

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Who Is Eligible for Small Business Restructuring

To qualify for the Small Business Restructuring Process, your company must:

• Be an Australian Company.

• Have total liabilities not exceeding $1 million, excluding employee entitlements.

• Resolve that the company is insolvent or likely to become insolvent.

• Appoint a Small Business Restructuring Practitioner like us to oversee the restructuring process.

We can help your Company meet the eligibility criteria – talk to us today.