Services · Core business

Independent business reviews (IBR)

Impartial reviews that give lenders and boards a shared fact base—and a clear view of what must happen next.

An independent business review exists to cut through advocacy. We assess going concern, cash runway, options, and the realism of management’s plan—then recommend a path with the trade-offs stated plainly.

IBRs are often commissioned under time pressure. We move fast without sacrificing the independence that makes the report useful to every stakeholder at the table.

How it runs

From first conversation to delivery.

  1. 01

    Mobilise

    Rapid data request, stakeholder interviews, and a working hypothesis of the critical questions.

  2. 02

    Analyse

    Test cash, forecasts, security position, and options—stressing the assumptions that matter most.

  3. 03

    Recommend

    Present findings and a preferred path, with alternatives and the conditions required for each.

What success looks like

  • A decision the board and lenders can defend
  • Clarity on runway and what must change immediately
  • Reduced conflict through an independent fact base

FAQs

Common questions about Independent business reviews (IBR).

Direct answers for people comparing options or preparing to engage MFAS.

What is Independent business reviews (IBR) at MFAS?

Impartial reviews for lenders and boards: going-concern assessment, options analysis, and clear recommendations under time pressure.

Who is Independent business reviews (IBR) for?

It is particularly suited for: Lenders considering further support or enforcement; Boards needing an independent view under distress; Companies preparing for restructuring negotiations.

How do I engage MFAS for Independent business reviews (IBR)?

Request a free quote or contact MFAS with a short brief. The team will confirm whether Independent business reviews (IBR) is the right mandate and outline next steps.

Next step

Ready to talk about Independent business reviews (IBR)?

Tell us what you are facing—MFAS will respond with a clear next step, whether this is the right mandate or another route fits better.