Restructured the debt of a cafe caterer by over 73% and saved $1.9 million
A cafe and catering company had mounting debt of $2.6 million. AVA Advisory facilitated the Voluntary Administration (VA) and saved the client $1.9 million while the business continued to trade.
Reviving a troubled ship: how a marine dealership and repairs business makes a remarkable turnaround
A marine dealership and repairs business faced a creditor pressure with a staggering debt of $1.2 million. After coming to AVA Advisory, their debt was reduced to $220,000 and staved off ATO’s winding up notice.
Rescuing a dream: A Melbourne renovation company’s remarkable financial redemption
A home renovation company faced a wind up notice, driven by debt exceeding $1 million. Due to conscientious efforts, their debt was reduced to $320,000, they continued to trade, and avoided winding up consequences.
Rescued a small gyprocking business from the claws of creditors
A small gyprocking business owed $160,000 to creditors, with $110, 000 owed to the ATO. AVA Advisory guided them and after 4 weeks, they managed to reduce their debt by 87% and build a new business structure.
Reduced debt burden of contractor labour hire company by 84% & saved 200 staff from lay-off
A contractor labour hire company had a mounting debt of $1.4 million and received a winding up notice. AVA Advisory facilitated in obtaining financing to pay out creditors and their debt was reduced to $224,000.
Saved properties & paid off $1 million total debt of a large independent supermarket
A large independent supermarket owed over $1 million to creditors, causing for their properties to be at stake. Thanks to AVA Advisory, they saved their properties and was able reduce their debt to only $240,000.
