When a company is in a distress situation, its bank may be applying pressure to meet working capital requirements and loan ratio covenants, and to provide it with a business plan with financial projections. Or the pressure could be applied by shareholders or other creditors.
Campbell, Saunders Ltd can provide an independent and objective assessment of the company that may be shared with the lender to allow it to make informed decisions based on unbiased information.
The scope of a business review may include some or all of the following: