Terms of Business
Interco Management
Terms of Business
Interco Management
Initial Conference
For phone advice and for an Initial meeting we make no charge.
Project Assignments
Specialist Tasks
Work to realise money by sale of assets and stock or by the mortgage of assets, or collection of book debts, is separately charged as an addition to project engagement and assignment fees. Standard Terms are a task administration charge of £2,500 plus 25% of the first £60,000 gross collections, or sale value, and thereafter 15%, however, these percentages may be modified on a case by case basis and, if so, this will be confirmed in writing.
Once Interco has been contracted by its client for tasks of realisation, fund raising or book debts collection, the above charges apply to all related receipts with effect from date of its being contracted, whether receipt is achieved directly by Interco, or by our client, or by any third party.
Funding
Fees for arranging investment or loans through a qualified and licenced broker are 2.5% of the sum lent or invested with a minimum charge of £5,000.
Applicability
The Default charges stated will apply unless they have been replaced by a different specified fees agreement signed by Interco with its client.
All sums quoted are before any applicable VAT.
Variation
Clients are advised of the web address for these terms in the process of confirming engagement and are invited, please, to ask for any clarifications, or, if they wish, make any counter proposals.
Expert Insolvency Management
Need urgent expert advice or help? Our Insolvency Solutions unit defends companies in difficulty against threats and helps Directors either to continue to trade, or to close their company with a positively handled Creditors Voluntary Liquidation and optionally to transfer their business legally to a fresh debt free company.
Consultancy Support
Want help agreeing contract terms…and managing the implementation of a key assignment or project?
Go Virtual!
Initial Meetings by Whats App. or Zoom. Regular Support by Zoom or Teams
Initial Conference
Project Assignments
Specialist Tasks
Work to realise money by sale of assets and stock or by the mortgage of assets, or collection of book debts, is separately charged as an addition to project engagement and assignment fees. Standard Terms are a task administration charge of £2,500 plus 25% of the first £60,000 gross collections, or sale value, and thereafter 15%, however, these percentages may be modified on a case by case basis and, if so, this will be confirmed in writing.
Once Interco has been contracted by its client for tasks of realisation, fund raising or book debts collection, the above charges apply to all related receipts with effect from date of its being contracted, whether receipt is achieved directly by Interco, or by our client, or by any third party.
Funding
Applicability
The Default charges stated will apply unless they have been replaced by a different specified fees agreement signed by Interco with its client.
All sums quoted are before any applicable VAT.
Variation
Clients are advised of the web address for these terms in the process of confirming engagement and are invited, please, to ask for any clarifications, or, if they wish, make.
Expert Insolvency Management
Need urgent expert advice or help ? Our Insolvency Solutions unit defends companies in difficulty against threats and helps Directors either to continue to trade, or to close their company with a positively handled Creditors Voluntary Liquidation and optionally to transfer their business legally to a fresh debt free company.
Consultancy Support
Want help agreeing contract terms…and managing the implementation of a key assignment or project?
Go Virtual
Initial Meetings by Whats App. or Zoom. Regular Support by Zoom or Teams
Ring for initial free discussion
You can then talk through your present situation, needs, priorities, dilemmas
and future plans in confidence, free of charge and with no implied obligation.
If it seems mutually desirable, we can then fix an initial face to face meeting.
Michael O’Connor MABRP : Managing Consultant
Interco Management Limited : Horsham – Bristol – Gloucester
0345 017 9773
Ring for initial free discussion
You can then talk through your present situation, needs, priorities, dilemmas and future plans in confidence, free of charge and with no implied obligation. If it seems mutually desirable, we can then fix an initial face to face meeting.
Michael O’Connor MABRP : Managing Consultant
Interco Management Limited
Horsham – Bristol – Gloucester
0345 017 9773