Client Consultation
Complimentary discussions to identify concerns and limitations which could create financial challenges.
Political upheaval, pandemics, and financial market changes can create unstable economic environments. Many companies struggle without a pathway to improvement and resolution. Most business executives have never studied or experienced distressed situations and need a partner to guide them.
We are Business Advisors with a history of consulting in turnaround situations. Our goal is to stabilize your organization, discuss alternatives, and help you return to growth. We work with debtors, lenders, creditors, trustees, and attorneys to help provide strategic and transparent solutions for companies in distress. Turnaround and Restructuring Services are sometimes the best way to maintain a business’ worth and our specialists focus on helping all parties weather difficult times, professionally and expeditiously.
It is best to engage early on in a distressed situation to preserve cash and have time to implement change, avoiding or minimizing negative outcomes.
Complimentary discussions to identify concerns and limitations which could create financial challenges.
A review of all loan and security agreements and amendments to identify lender covenants, reporting requirements, borrowing base calculations, and other lender requirements. Prepare projections to forecast covenant compliance.
We identify concerns, determine strategic alternatives to turnaround results, and develop action plans to ultimately avoid crisis situations. To keep services cost-effective, engagements are customized and may include:
Implementation of strategies developed in the initial assessment that generally cover one quarter or 90 days. At the conclusion, management will receive an exit report including further recommendations and financial forecast model instructions.
If an initial assessment reveals the need for capital or an exit strategy, we have the ability to work with stakeholders and trusted providers to refinance or sell the business. Capital options include debt or equity or working out a deal with a strategic partner. Together, we can discover the potential options and determine what is viable, as well as the timetables to complete such work.
PKF Mueller offers customized lender services including:
PKF Mueller offers customized services including: