Xact-Mini Webinar: Rapid Debt Reduction with SBR

Re-watch the first edition of our new Xact-Mini webinar series—a concise mini-webinar designed to quickly help you understand a key topic in Building and Construction.

In this session we will be unpacked the Small Business Restructuring (SBR) a proven, but little-known option for helping businesses negotiate a reduction in accumulated debts (including ATO debt) by up to 80%. In addition to material reduction of debt, SBR allows directors to retain full operational control and regain financial strength without the significant disruptions of traditional administration.

What You’ll Discover:

• Clear overview of the SBR and its objectives.
• Key benefits: directors retain control and avoid insolvency event classification (crucial for Queensland builders).
• Simple eligibility criteria to determine whether SBR is an option for you.
• Practical considerations like impact to trade creditors, secured creditors, and your credit rating.
• An overview of the SBR process, from preparation to post-SBR operations.

If your business is struggling with mounting debt or burdened by past financial setbacks, SBR could be a practical solution to reset your financial position, break free from debt-related constraints, and unlock your full growth potential.

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