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Business rescue and recovery specialist boosts Begbies Traynor team

A business finance expert with more than 25 years experience in advising companies is the latest recruit to strengthen Begbies Traynor’s Taunton team.

David Baum, who will be based at the nationwide business rescue and recovery specialist’s Taunton office, will help company owners review their borrowing arrangements and assist with refinancing requirements.

Given his long career in B2B financing, David (pictured) is also able to offer advice and guidance to firms of all sizes on suitable funding options, be it asset or invoice based.

Neil Vinnicombe, partner at Begbies Traynor’s Taunton office, said: “We are delighted to have David on board and I’m certain his financing and refinancing skills will prove invaluable to business owners, particularly during this period of economic turmoil.

“The appointment is part of Begbies Traynor’s wider mission to help struggling firms revive their fortunes and David’s funding knowledge is an important component in our toolkit. Crucially, the sooner businesses seek assistance during difficult times, the more options they have to recover and return to profitability.”

David added: “I’m looking forward to getting stuck in and helping businesses in Taunton and beyond to realise their potential by deploying effective funding strategies. Choosing the right funding package at the right time is essential and decisions have to be carefully informed by a range of metrics that define a company’s position. Nothing gives me more satisfaction than seeing a company take off as a result of providing access to game-changing finance, underpinned by good advice.”

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