
5 Ways to Keep Your Lender Happy in a Covid-19 Environment
Here are 5 ways businesses can keep lenders happy as Covid-19 threatens businesses with more shutdowns
Here are 5 ways businesses can keep lenders happy as Covid-19 threatens businesses with more shutdowns
Refinancing a successful turnaround is a multi-step process. Often, management teams overlook some of the critical elements needed for the development of a turnaround plan.
After 30-plus years of experience restructuring companies large and small, I have found benchmarking to be a simple and common technique that is often overlooked.
Given Covid-19, investing in and disposing of under-performing companies/distressed companies is increasing in interest. Here are key considerations in creating and obtaining “value” when selling a business.
As owner, you should always be thinking about your exit. Whatever the reason, business owners should plan for an ultimate “exit” from your business enterprise. In doing so, consider the following keys to growing and building value for your enterprise.
This EMAGroup Case Study explores the benefits of an Assignment for the Benefit of Creditors (ABC) process to close down a business vs. undertaking bankruptcy proceedings.
Full description of a 4-wall analysis, what is entailed in performing the analysis and why it’s important to the health of your business.
Explanation of the differences between bankruptcy and an Assignment for the Benefit of Creditors (ABC) and why, for some insolvent companies, an ABC may be preferable.
Getting asked by your bank to find a new lender is happening a lot right now. It’s not personal. You have taken some losses and maybe invested more capital or provided supplemental collateral to boost your availability under your credit facility.
Recognizing nine issues that may indicate a failing business and possible solutions.
The problems of underperforming or insolvent companies are magnified with the onset of Covid-19. Here are some red flags that may indicate a business is in trouble.
The Main Street Lending Program is a $600 billion program established by the Federal Reserve to support lending to small- and medium-sized business that were in sound financial condition before the onset of the Covid-19 pandemic.