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 | Jan 6, 2016 | In Our Experience
In the restructuring business, many of our assignments come through referrals. In 2015 we were able to assist a number of companies because a trusted advisor to the CEO or owner suggested that they might need help. However, sometimes that suggestion comes too...