Company’s Financial Standing When Sponsoring

Hello all.

I’ve got a big question about visa sponsorship and a company’s financial standing.

My current company is brand new (almost on its sixth year) but was in the red for the past financial period. Lucky me, my 5-year visa is up to expire in June, so I turned in all the paperwork for a renewal over a week ago (including the company’s financial statements). This will be the first time my company sponsor’s anyone (my current visa was sponsored by my previous employer). Anyhow, I’m now EXTREMELY concerned about my chances of getting a renewal. Were I reviewing my documents, a company in the red does would not be very appealing. I’d probably deny a visa renewal, honeslty.

So, I suppose my question is: Has anyone had experience getting sponsored with a small company that’s not really doing that well?

by NikoKenta

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