What problems do you consistently solve for your clients?
We focus on financing, refinancing and banking reviews. We know our client’s management time is valuable, and therefore;
- Lead the financing process on behalf of our clients (ensuring they are informed of key milestone events)
- Liaise with banks, through to documentation and Financial Close
- Spend as much time in our client’s business as required to build an understanding that can then be accurately conveyed to potential lenders’
- Ensure preparation of a full Information Package for the benefit of prospective lenders, facilitating as a complete understanding of the client’s business, business strategy, financing requirements, terms and conditions sought, and appropriate financial analysis underpinning the finance request.
Our goal is to make what can be a time-consuming process for clients, as easy as possible.
In doing so, JRD helps deliver the most efficient and cost-effective debt structures that satisfy our client’s requirements.
What’s one thing Small to Med Enterprises need to know to thrive this year?
Maintain good oversight on the various risks that can adversely impact your business. A key to the management of a sustainable business is a review process and mitigation of the various risks that can impact profitable businesses. Staying on top of any number of potential risks to a business, and providing appropriate mitigation is key. One example is Supplier Risk (ie. reliance on only one key supplier, which can potentially impact the supply of raw materials if circumstances change – the key mitigation here is to ensure a business has a number of supply arrangements.
A sound approach to forecasting revenue and costs also is the mark of a good business, backed up by realistic assumptions that underpin all forecasts. Lenders appreciate this approach in making their lending decisions. If a business doesn’t have the necessary internal staff resources, then it should make more efficient use of its external accounting service provider.
What would the title of your autobiography be?
I’m far too boring a subject matter to consider an autobiography, but if I did, it would be a borrowed title…. “I did it my way!”
What are you happiest doing when you’re not working?
Reading and spending time with family and travel.
The best piece of advice I’ve ever been given is… No matter how old and experienced you become, you’ll never stop learning new ways of doing things – you won’t possibly always know everything! The key is always listening to someone else’s ideas, as they may provide a better solution!
