JAMCO

Our team develops viable restructuring plans by not only reviewing your financial statements, operating reports, loan documents, lender correspondence, leases, and vendor agreements we combine that with our in-depth understanding of: - How banks and other lenders operate, including their rules and regulatory requirements or pressures. -How intercreditor agreements work and affect the decision making process of lenders, - How special servicers operate and make decisions. - The legal strategies and thought processes of various lenders, whether (bank, fund, "vulture", or vendor). This view enables us to: - Determine the viable alternative solutions for your business. - Weigh the pros and cons of each possible solution to determine the best path for you and your business. - Prepare the information needed to communicate and implement your plan. - Help you communicate the plan and strategy to your team as appropriate (management, financial, and legal teams). - Walk you through the steps and strategies required to convince lenders and creditors to make a deal. While a business may owe a $1 million dollars on the loan, the question is really what can the lender recover if they don't work with the borrower or guarantor? - Suing and or foreclosing can be a time consuming and expensive process that does not always end in the lenders favor. - It is vital that you make a lender or creditor prove their case and that you raise counter claims as appropriate. The time and expense required when a borrower or guarantor forces the lender to prove their case in court, often makes a deal attractive. - Providing a lender and other creditors with a plan and supporting information helps them justify making a deal. The system doesn't work the way you think, be proactive make the system work for your business.