First Choice Financial Services Ltd., recruited Paul Kerr to specifically develop and provide a banking and debt advisory service to their client base and beyond. Paul was Director of Bank of Scotland (Ireland) Ltd’s Business Risk Unit for the West of Ireland up until December 2009 and was responsible for a considerable distressed loan portfolio, so has current relevant experience in this regard.

Services include:
• A detailed report prepared for your bank or banks incorporating:
• A review of all existing banking arrangements and attaching terms and conditions including security pledged.
• Interest rates and repayment arrangements to confirm they are in line with the various loan agreements.
• A review of all assets, attaching leases, and liabilities.
• Analysis and assessment of existing and projected cashflow position.
• Agreed recommendations and strategies and independent, direct mediation with the bank

Also:
• Ad-hoc professional strategy advice on banking
• Analysis and assistance with negotiation of bank fees and charges for high volume or high transaction accounts
• Fund raising for start-up or emerging business

Presentations given:
• 03/05/2012 'A Guide to Funding' at the Funding Challenges, Opportunities & Alternatives for Start-ups, SME's, HPSU's & Franchises event
• 03/05/2012 'Credit Review Office' at the Funding Challenges, Opportunities & Alternatives for Start-ups, SME's, HPSU's & Franchises event

For further information contact Paul at 061-317260
or e-mail paul@firstchoiceltd.ie.

Please note that the provision of this product or service does not require licensing, authorisation or registration with the Central Bank of Ireland and, as a result, it is not covered by the Central Bank of Ireland's requirements designed to protect consumers or by a statutory compensation scheme.



Standard Financial Statement:
Below is a step by step guide created by KBC bank in preparing your own personal Standard Financial Statement. You can find the standard financial statement here which is very similar to the forms provided by other banks. The PDF guide to completing it can be found here.