Nitin Joshi
Nitin Joshi, a veteran in the business recovery and insolvency field, founded ChannelMoney. He is the only business recovery expert specializing in the computer and IT sector.

Nitin has spent over 23 years in the business of advising SME's and large companies. He has dealt with hundreds of rescue and business failures in the computer and IT space and undertaken countless informal moratoriums. He has held significant positions on nearly all noted business failures over two decades.

Nitin has held positions at Stoy Hayward, KPMG and was a Partner at PKF, where he spent some 13 years. He understands the pressures margin-pressed businesses are under. Fighting supplier claims, inadequate credit insurance cover, stringent credit terms and squeezing that extra bit of margin from corporate. It is mission critical to take early advice to avoid corporate meltdown. Without exception, principal creditors endorse anything Nitin puts forward in terms of rescue package.

Nitin acts for almost all computer distributors on a UK, European and Global basis. He advises vendors and has at any one time a large caseload of businesses being assisted. He has a portfolio of VAR rescue cases every month.

He understands the position of credit insurers and their role in supporting rescue packages. Communication between interested parties is important, whether this be in the form of funders, credit insurers or suppliers. Part of this process involves snapshot financials, forecasts, management accounts and a clear strategy going forward. Often, the involvement of a non-specialist accountancy firm complicates matters; lack of clarity in objective, lack of know-how and, by missing the key issues, missing the plot altogether.

Nitin is the UK’s foremost authority on commercial debt and advises suppliers across many sectors on how to improve their position. He is well known in the legal community. He is often asked for a reference by factors and discounters on specific funding opportunities at due diligence stage.

Nitin is well known in the legal community, amongst asset based lenders and has a passion for corporate finance, bringing together businesses that need it with those who provide it.

Nitin is on family terms with most of the leading movers and shakers in the computer channel.

Nitin is proud to be a Judge on The Channel Awards.

His advice to businesses in difficulties is simple: Act early. To businesses in need of corporate finance services, get connected.

Call Nitin Joshi at 07779 359395