Independent grocery chain Booths set to undergo a financial review after nearly breaching its loan terms, which could force its owners to make additional payments into the business in order to retain control. According to The Telegraph , senior lenders the Royal Bank of Scotland and HSBC have instructed accountants Grant Thornton to complete an Independent Bank Review of Booths. This type of review often leads to owners of a company being forced to making a one-off payment to prevent the banks taking control of it.
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Booths faces financial review