Buried in Debt
Often we find good companies buried under too much debt. Management has fixed the business and returned profits but the company is hamstrung with debt and cannot move forward. The profits which should be re-invested in equipment, employees or new products are being drained away servicing debt.
With a good plan,
debt can be stretched out or delayed or simply reduced. The law is clear on this and allows the debtor many options to address these issues. But, you only have one chance to make this work. Positioned thoughtfully and strategically, much can be accomplished but without a really good plan things will stay the same, or worse.
Dorset Partners works with most lenders in the northeast, at all levels of the debt stack.