Lender / Creditor Advisory
Defining The Problem
Our services to lenders and unsecured creditors are designed to assist in determining a plan of action that maximizes recoveries from distressed borrowers, whether they are in the early stages of decline or deeply distressed. We assess the key areas of lender/creditor concerns by analyzing the borrower’s liquidity position, operations, management and business plan to:
- Understand the depth of the cash flow problem
- Determine the time frame to act
- Evaluate the lender’s probable recovery
We also provide lenders/creditors with contingency planning to determine the best plan to recover their debt and the probability of success. Contingency plans include:
- Additional capital injection to refinance existing debt
- Out of court restructuring or bankruptcy filing
- Selling the company or operations/assets to raise cash
- Assistance with implementation of the determined course of action
How We Do It
We either act as consultants to lenders and debtors or as interim managers to:
- Assist with determining a course of action through:
- Business assessments
- Contingency planning
- Provide financial and operational restructuring solutions by:
- Implementing an operational turnaround
- Implementingafinancial turnaround, or both
- Provide bankruptcy advisory services including:
- Bankruptcy planning
- Monitoring the borrower in bankruptcy, advising the lender/creditor during bankruptcy
- Arranging Debtor-In-Possession financing
- Becoming the Chief Restructuring Officer (CRO) for the debtor
Jeff C. Merritt
101 S. Coit Road, Suite 36-306
Richardson, TX 75080