If your clients main hurdle to profit is making their monthly debt repayments in full and on time then it might make more sense to tackle these debts holistically with a CVA.
A Company Voluntary Arrangement (CVA) is a formal insolvency process agreed between a company and its creditors where, in return for a proportion of debts being written off, the company agrees to pay back a lower proportion of the remaining collective debt in those regular monthly instalments until cleared.
It’s a way for a company to remain trading and have certainty around its debt while it restructures itself to hopefully come out stronger and more profitable at the end of the process – and debt free.