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.

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
• Negotiated loan documents and amendment requests with borrowers and bank group members.
• Prepare detailed analysis of borrower’s financial and collateral performance.

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
• 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.
• Worked closely with attorneys to address documentation issues and to determine the proper workout strategies.

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
• Negotiated loan documents and amendment requests with borrowers and bank group members.
• Prepare detailed analysis of borrower’s financial and collateral performance.

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.
• 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

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
• Negotiated loan documents and amendment requests with borrowers and bank group members.
• Prepared detailed analysis of borrower’s performance and proposal requests.

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