Finding yourself in a situation where revenue cannot support operating expenses and debt is a difficult and frustrating place to be. Market fluctuations and economic shifts can be sudden, leaving your business with an excessive amount of debt that you feel unable to manage.

At PHD Financial we urge companies facing financial strife to avoid the temptation of bankruptcy. Bankruptcy is rarely a solution that helps companies reorganize and grow or expand.

Contact us to discover how commercial debt restructuring can offer you a better solution. We specialize in assessing your specific financial situation and working with your creditors and vendors to find a balanced solution. This may involve a combination of commercial debt restructuring and financing. We design affordable debt repayment plans meet the approval and satisfaction of all parties involved.

Some things to anticipate as we move forward…

Have all your financial paperwork in order

PHD Financial will need to determine what course of action to take with your situation. We will need the business’s prior two years’ P&L, balance sheet and the guarantor’s personal financial statement.

From this information we can determine whether you are a viable candidate for restructuring before we take you on as a client.

Preserve enough liquidity
for the task

A prerequisite to successful restructuring is having enough liquidity (cash) to carry through the restructure. If you wait too long to begin the process and drain yourself of cash and available credit, a successful restructure becomes more difficult.

Your debt restructure professionals- and in some instances your lenders – will need to be paid retainers, appraisal and legal fees.

Commercial debt restructuring isn’t only about eliminating debt. It is also about finding new sources of commercial financing to help your business grow. With the help of our experts, businesses that were once in financial turmoil have been able to raise the capital they needed, focusing on expansion rather than trying to solve their fiscal dilemmas.

By maintaining open lines of communication–as opposed to rushing to bankruptcy– we are able to resolve your financial problems while maintaining your business relationships and credibility.

Leave all communications with creditors to PHD Financial

Throughout the restructure process, you can count on PHD Financial to deal with all of your creditors so you can focus on running your business. Key to the process, is the client directing all communications with the lender to PHD Financial so that we can negotiate on your behalf. Your trust and confidence in our method will result in a successful outcome for you.

For more information on our services, call and speak with one of our consultants today. We can answer any questions and begin to address your needs.