Which business rescue and restructuring options are available?
Rescue requires more than delaying creditors. The underlying business must be capable of generating sustainable cash and the chosen process must be funded and deliverable.
8 min read · Last reviewed August 2026Informal options
Early intervention may create time to improve working capital, reduce costs, obtain finance or agree revised terms.
- Time to Pay
- Creditor standstill or payment plans
- Refinancing
- Asset disposals
- Cost reduction
- Operational turnaround
Formal options
A CVA can compromise unsecured debt, while administration can provide statutory protection and facilitate rescue or a sale. Each has eligibility, approval and funding requirements.
Test the plan
Forecasts should address downside scenarios, current tax compliance, working capital, management capacity and creditor outcomes. A rescue plan that depends on optimistic assumptions is unlikely to be sustainable.
Common questions
Is rescue always better than liquidation?
No. A rescue should only be pursued where it is viable, funded and likely to produce an appropriate outcome.
Can the business be sold without saving the company?
Yes. In some cases a sale may preserve the business, jobs or value even though the existing company cannot be rescued.
This guide is general information only and does not constitute insolvency, legal, tax or financial advice. The position should be reviewed using the company's current facts and documents.