by Al Davis | May 13, 2020 | Lending, Banking and Financing
The term Zombie company was originally used by Japanese media around 1990, to describe companies with large historic debts that ultimately failed and resulted in the country’s 1990 market crash. The definition of Zombie companies relates to businesses...
by Al Davis | Nov 6, 2019 | Lending, Banking and Financing
A recent third quarter survey conducted by Phoenix Management reveals lenders are increasingly pessimistic of the US economy in both the near term and long term. This is a change from the same survey in the second quarter where lenders felt that economic...
by Al Davis | Dec 12, 2018 | Lending, Banking and Financing
In 2017, Revitalization Partners wrote a blog titled “The Payday Loan Industry Moves to Business”. You can find it on our web site under the “Insights From Our Experience” tab. At the time, these loans had developed into a $35 billion s...
by Al Davis | Jul 11, 2018 | Lending, Banking and Financing
Recently Revitalization Partners was contacted by a company that needed help with their commercial loan. The lender had, in addition to the original loan, issued three forbearance agreements, none of which the borrower had been able to comply with. At that...
by Al Davis | Jun 13, 2018 | Lending, Banking and Financing
When a borrower defaults on its loan agreements, a lender may (among other options) sue to foreclose on its collateral and collect from borrower, or agree to amend the loan documents, or enter into a forbearance agreement. If the borrower can convince the...
by Al Davis | Feb 15, 2017 | Lending, Banking and Financing
In January, Revitalization Partners was invited to participate in a Podcast hosted by Paul Adams, CEO of Sound Financial Group. The subject was entitled “Speaking Bankanese” or how to talk to banks in a language that they understand. The topics...
