Debt Restructuring
Financial challenges can arise from market changes, operational issues, economic conditions, or rapid growth. When they do, the relationship with your lender is often the most important one to manage. With eighteen years as a senior corporate banker and more than three decades advising borrowers, Charles Herold understands both sides of the table. We work with business owners and lenders to evaluate alternatives and develop practical restructuring strategies that preserve the business and the banking relationship.
Services include:
- Financial assessment and analysis
- Cash flow improvement planning
- Lender negotiations and workout support
- Debt restructuring strategies
- Creditor, vendor, and stakeholder communications
- Performance monitoring and reporting
Turnaround Management
When businesses encounter operational or financial difficulties, immediate action is often required. We provide objective assessment and hands-on guidance to stabilize operations, protect liquidity, and restore performance. Where a company lacks financial leadership, we can serve as interim Chief Financial Officer until the business is properly capitalized and has secured quality accounting and finance personnel.
Services include:
- Operational assessment
- Profitability improvement
- Cash management
- Cost reduction initiatives
- Strategic planning
- Interim CFO and management support
Financial pressure rarely resolves itself. If your company is facing liquidity concerns, covenant issues, or a strained lender relationship, schedule a confidential consultation to discuss your options.