Making small business a priority

Is your business struggling to stay afloat?

Are you overwhelmed by payment pressure from suppliers?

Small Business Restructuring

If you answered yes to either or both of those questions, the small business restructuring process is your lifeline.

The process is simple and is designed to give you greater time without payment pressure from suppliers and allow you to focus on your own business to make sure it survives.

Small business restructuring will allow you to remain in control of your business while we work with you to develop a restructuring plan – meaning your business can continue to trade, keep the doors open and employ staff.

What is a Restructuring Plan?

To make things even simpler we’ve created the Olvera First programme which streamlines the process so that it is as easy and convenient as possible.

Our Step-by-step Guide

Is your business Eligible?

To be eligible, your business must:

  • Be a company (Not a sole trader)
  • Have less than $1m in debt
Take our eligibility assessment

Not ready yet?

We know you may not be ready –  Lodge a declaration before 31 March 2021

Learn more

You can indicate that you would like to consider small business restructuring before you actually commence the process by lodging a declaration with ASIC before 31st March 2021 .Register your interest below and we will send you the forms and manage the lodgement for you. By lodging this declaration suppliers and creditors are stopped from taking action against you until you are ready to commence the process.