Robert Richardson Email & Phone Number

Chicago, Il, Us

Chicago, Illinois, United States

We are excited to announce Align Business Finance, LLC has consolidated operations with the Garrington Group of Companies and will be now operating under the name of “Garrington Capital US.” This will allow us even more access to capital to better serve you and expand our breadth of lending capabilities.

Deerfield, Illinois, United States

Chicago, Il

ExWorks Capital LLC is a senior secured debt fund that provides necessary liquidity to businesses in need of financing for growth. The fund provides the following loans both domestically and internationally: Bridge Financing – ExWorks can provide short-term financing to fulfill existing company needs Domestic, Export, and Import Financing – ExWorks can purchase or finance export/import/domestic goods to provide additional liquidity when selling both domestically and overseas… Show more ExWorks Capital LLC is a senior secured debt fund that provides necessary liquidity to businesses in need of financing for growth. The fund provides the following loans both domestically and internationally: Bridge Financing – ExWorks can provide short-term financing to fulfill existing company needs Domestic, Export, and Import Financing – ExWorks can purchase or finance export/import/domestic goods to provide additional liquidity when selling both domestically and overseas Working Capital Financing – ExWorks can provide financing on both Domestic and International Receivables and Inventory, including advancing on Raw Materials, WIP and Finished Goods Refer to our website www.exworkscapital.com for more information. Show less

Chicago, Il

• Managed a portfolio of direct and participatory asset based and structured transactions ranging in total facility size from $20 million to $300 million.• Completed the closing of transactions from credit committee approval to funding; including the negotiation and documentation of the loan and security agreement and various third party agreements.• Prepared detailed underwritings for facility restructures and proposed acquisitions.• Negotiated loan documents and amendment requests… Show more • Managed a portfolio of direct and participatory asset based and structured transactions ranging in total facility size from $20 million to $300 million.• Completed the closing of transactions from credit committee approval to funding; including the negotiation and documentation of the loan and security agreement and various third party agreements.• Prepared detailed underwritings for facility restructures and proposed acquisitions.• Negotiated loan documents and amendment requests with borrowers and bank group members.• Prepare detailed analysis of borrower’s financial and collateral performance.• Maintained accurate and complete credit and legal files, subject to internal review.• Cultivated client relationships with an understanding of their business facilitating mutually beneficial lending arrangements. Show less

Chicago, Illinois, United States

• Improved the risk profile of a portfolio of classified C&I and CRE relationships. Exit resolution strategies included foreclosure, deeds-in-lieu, note sales and discounted payoffs. • Successfully improved risk ratings on loans to allow the relationships to be returned to the line of business and to be retained by the Bank as performing assets.• Served as a consultant for relationship managers with loans displaying early distress indicators.• Worked closely with accountants and… Show more • Improved the risk profile of a portfolio of classified C&I and CRE relationships. Exit resolution strategies included foreclosure, deeds-in-lieu, note sales and discounted payoffs. • Successfully improved risk ratings on loans to allow the relationships to be returned to the line of business and to be retained by the Bank as performing assets.• Served as a consultant for relationship managers with loans displaying early distress indicators.• Worked closely with accountants and consultants to analyze the current status of the relationships’ financial situations to effect improvements in the companies’ cash flows, their ability to service the debt and to ensure the long-term viability of the companies.• Worked closely with attorneys to address documentation issues and to determine the proper workout strategies.• Prepared detailed loan requests to support resolution strategies and presented to committees when necessary.• Maintained loan database systems, prepared quarterly reports and ordered supporting documentation as required by Bank policy. Show less

Chicago, Illinois, United States

• Managed a portfolio of direct and participatory asset based and structured transactions ranging in total facility size from $5 million to $300 million.• Completed the closing of transactions from credit committee approval to funding; including the negotiation and documentation of the loan and security agreement and various third party agreements.• Prepared detailed underwritings for facility restructures and proposed acquisitions.• Negotiated loan documents and amendment requests… Show more • Managed a portfolio of direct and participatory asset based and structured transactions ranging in total facility size from $5 million to $300 million.• Completed the closing of transactions from credit committee approval to funding; including the negotiation and documentation of the loan and security agreement and various third party agreements.• Prepared detailed underwritings for facility restructures and proposed acquisitions.• Negotiated loan documents and amendment requests with borrowers and bank group members.• Prepare detailed analysis of borrower’s financial and collateral performance.• Maintained accurate and complete credit and legal files, subject to internal review.• Mentored new Chicago based collateral analyst with focus on the rationale behind various lending practices detailing not only what to do, but why it is important. • Acted as a liaison with UK loan officers and ongoing collateral monitoring for transactions that were originated in the UK. But that have operations and collateral located in the US.• From time to time generated legal fee income by writing up loan amendments.• Cultivated client relationships with an understanding of their business facilitating mutually beneficial lending arrangements. Show less

Chicago, Illinois, United States

Senior Underwriter, moved to workout due to manpower shortages caused by Finova’s financial distress.Workout Credit Officer• Negotiated forbearance agreements with equity sponsors and borrowers.• Reviewed thirteen week cash flow forecasts, independent consultant’s reports and other projections that detailed the borrower’s short and long term liquidity needs.• Reassessed the facility structure and collateral values to determine if any exposure existed in the senior lending… Show more Senior Underwriter, moved to workout due to manpower shortages caused by Finova’s financial distress.Workout Credit Officer• Negotiated forbearance agreements with equity sponsors and borrowers.• Reviewed thirteen week cash flow forecasts, independent consultant’s reports and other projections that detailed the borrower’s short and long term liquidity needs.• Reassessed the facility structure and collateral values to determine if any exposure existed in the senior lending facility.• Managed controlled liquidations and monitored ongoing performance of borrowers.Senior Underwriter• Prepared underwriting documents detailing borrower’s historical financial position, collateral description and valuation, turnaround plan analysis and review of applicable legal considerations.• Supervised the completion of field exams, appraisals and environmental surveys as required by the transaction.• Negotiated loan documents including various third party documents as needed by the transaction. Show less

Chicago, Illinois, United States

• Managed a portfolio of direct and participatory asset based and structured loans ranging in total facility size from $20 to $300 million.• Completed the closing of transactions from credit committee approval to funding including the negotiation and documentation of the loan and security agreement and various third party agreements.• Prepared detailed underwritings for facility restructures and proposed acquisitions.• Negotiated loan documents and amendment requests with borrowers… Show more • Managed a portfolio of direct and participatory asset based and structured loans ranging in total facility size from $20 to $300 million.• Completed the closing of transactions from credit committee approval to funding including the negotiation and documentation of the loan and security agreement and various third party agreements.• Prepared detailed underwritings for facility restructures and proposed acquisitions.• Negotiated loan documents and amendment requests with borrowers and bank group members.• Prepared detailed analysis of borrower’s performance and proposal requests.• Maintained accurate and complete credit and legal files, subject to annual federal audits. Show less

Prepared underwriting documents detailing the borrower’s historical financial position, collateral description and valuation, turnaround plan analysis and review of applicable legal considerations.

Completed detailed collateral field examinations for both existing portfolio and prospect loans. The field examinations included a detailed analysis of accounts receivable, inventory, accounts payable, taxes, financial performance and a review of third-party contracts as need by the transaction structure.

Performed daily collateral monitoring and funding requests, detailed weekly reviews of inventory perpetual reports, and detailed monthly reconciliations of accounts receivable balance and ineligible calculations.

Jd, Law

Education record

Bs, Business Management/Accounting