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12-01-2016, 04:44 PM #1
- Join Date
- Mar 2015
- Location
- Boynton Beach
- Posts
- 3,493
We will provide factoring facilities or asset based lines of credit for companies that have hired corporate turnaround professionals or operational improvement advisors. The Company must be selling to commercial customers, revenues that exceed $5mil/year, and good reason for decline of business. Typical reasons for decline:
-Lost a key customer
-Industry slowdown
-Management issues-NOT owner issues.
Not all companies in decline are bad. Sometimes bad things happen to companies and they seek professional help. Turnaround and Operational Improvement Professionals have been some of my best sources of referrals. If something bad happened to a company and they sought help....I actually feel more comfortable about the situation.
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