Bijoux International understands that debt restructuring is usually less expensive and a preferable alternative to liquidation, with this at the back of our mind we advise our client on the appropriate approach to combat its debt restructuring issues. Debt restructuring typically involves a reduction of debt owed and an extension of payment terms. This process allows a private or public company – or a sovereign entity – facing cash flow problems and financial distress, to reduce and renegotiate its delinquent debts in order to improve or restore liquidity and rehabilitate so that it can continue its operations.

In offering debt factoring, invoice factoring or account receivable financing services we understand the intricacies of this approach and how it affects our clients business. We acknowledge the fact that debt factoring is an important tool for a company or business especially when it cannot meet its short term obligations due to non- payment from its customers/ clients. Where this is the case we advice that the company sell its unpaid invoice to an external entity known as factor for a discount to enable the company improve its cash flow. As part of our policy we conduct proper evaluation on the factoring company before advising the company to embark on such arrangement. When a business approaches a factor to sell its debt it is advised that the factor should analyse the business performance, their relationship with their customers and the size of their debt. This information gives the factor an overall idea of the company and the collectability of its receivables. Bijoux has the ability to act for the Factor by negotiating the debt and recovering the debt from the company's customers or act as the company's representative for negotiating to sell the debt.

We carry out reconciliation to verify the completeness and accuracy of certain areas of our clients accounting records by comparing same with other records. We also negotiate on behalf of debtors, banks and others institutions on non performing loans, debts, mortgages and interest accrued.

Debt conversion is a mechanism through which top management in most companies reduce corporate debt levels. Reduced levels of liability may be appealing to a firms, business partners and companies because they improve the company's economic picture. A company with higher leverage (debt levels) may be unable to raise cash on securities exchanges or engage in private loan transactions with institutional investors such as circumvent funds, banks and insurance companies. As part of our services Bijoux may advice the company depending on the circumstances to swap its stock in exchange for its obligations (debt) and the value is determined by the market at the time.

Debt swap is another method through which our client's debt concerns are restructured. A debt/equity swap is a refinancing deal in which a debt holder gets an equity position in exchange for cancellation of their debt. The swap is generally done to help a struggling company continue to operate (after all, an insolvent company can't pay its debts or improve its equity standing).

BIJOUX has discovered that collection of overdue accounts is a common problem for many businesses hence its training and seminar programmes which is geared towards creating orientation and awareness in debt recovery. The programme illustrates to its audience how to deal effectively with this problem while maintaining a positive customer relationship. Also good communication skills combined with persuasiveness is needed to ensure that debtors pay promptly. The programme demonstrates the best collection techniques and shows its audiences how to be firm, professional and effective in their approach.