[Chambo]

Good news is I'm not Corporate Turnaround!

But, sarcasm aside, this is a fair approximation of my intention--minus the reputation that they have.

Debt restructuring is an auto decline in our industry.....you are the hyena and we are the lion...mortal enemies

[BuysYourDeclines]

Debt restructuring is an auto decline in our industry.....you are the hyena and we are the lion...mortal enemies

Perhaps the sardonic parallels to Corporate Turnaround are too strong that my message is getting lost.

The bottom line is this: do companies that have been declined for a loan have other financial issues that they need help addressing? My hypothesis is yes. If that is true, then these companies need help from someone other than a lender...someone who can help them fix the other issues with their business (cashflow, AP/AR management, debt, poor management structure, etc.). I would not say that this idea is an enemy of your industry.

It's out of the box thinking, for sure. But from the conversations I've had with various brokers so far, declines go in the trash. So, if I can turn your trash into treasure, and help a business with their struggles, is that worth it?