How to Get Financing Through Restructuring

How to Get Financing Through Restructuring

Growing your business is essential and requires capital. Whether you are seeking to expand your mid-size business in North America or looking to minimize debt, financing through restructuring is a viable option.

When done right, financing through restructuring can assist with expanding your business, increasing your cash flow, and further developing your mission while overcoming business challenges. It’s essential that you have resources to resume profitability, especially when facing challenges such as bankruptcy or the need to refinance bank loans. Learn more about this financing option for mid-size businesses when working with Accord Financial.

What is Debt Restructuring?

Simply put, debt restructuring is a process where both the creditor and debtor agree on a cash amount that is eventually paid back. Think of debt restructuring as a way to overcome those business challenges and looming debt that is stifling your business. The process begins by crafting a financial plan that helps your company continue with its operations and achieve a turnaround with solid profits. Using your business assets, restructuring involves determining the value of the assets of the business to recover and further facilitate operations.

 

When you find your business in a situation where the financial resources are not available, that’s where debt restructuring can turn the situation around for you, especially if your lender is pushing you out or you’ve encountered tripping bank covenants. Financial distress can be crippling, but it doesn’t have to be if you’re teaming with professionals, such as Accord Financial. Helping businesses restructure, our financial firm is well-versed in how to make a comeback.

Bouncing Back From Bankruptcy

Even if your company is considering filing for bankruptcy, there is a viable and financially-stimulating way to stay afloat. Asset-based lenders, such as Accord Financial can finance your firm through a debtor in possession process prior to bankruptcy proceedings.

In addition, as the bankruptcy process concludes, restructuring with Accord Financial allows your firm to exit the proceedings with normal ABL financing to ensure your recovery. Let’s face it, when your firm is struggling financially, you need the funds to come out on top. One of the key strategies is to work with Accord Financial, who can offer asset-based lending products, ultimately turning your inventory, equipment, accounts receivable and machinery into the cash you need to bounce back.

Advice and Funding You Need

Restructuring is a complex process, which is why you need someone in your court to help guide you along the way. In addition to providing the funds you need to bounce back from a bankruptcy or escape the pressure of looming debt, Accord Financial is here to help you survive and thrive. Our team is happy to help with identify obstacles, establishing objectives and determining parameters through sound advice that can lead to a solid financial plan. In addition, the experts at Accord Financial help to monitor the progress of the restructuring and turnaround process to thwart any additional challenges that may hinder your success.

With more than 40 years of experience, the professionals at Accord Financial are a solid resource for your business. We help firms navigate disruption and uncertainty by leading them out of the woods and back into productive profitability.

Let us help you. Now is the time to work with North America’s premier independent finance company.

Do you have a question or ready to take the next step?