I was expecting the call, I had been pre notified that a business I was following, was in real trouble and would shut down or be sold under duress within a week or so. It was Sunday night around 9:20 PM, I received a text from the founder and CEO saying he know it was...
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Monthly Archives: May 2016
Business tip of the day: Always have realistic and accurate projections,
Business tip of the day: Always have realistic and accurate projections, with key indicators. Act on them as soon as you can. Be prepared don't just wait for it to hit you. Make the hard decisions today....
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Accounts Receivables Financing Secured for IT Company in chapter 11 Bankruptcy
We were asked to secure accounts receivable financing, Debtor in Possession, DIP Financing for an IT company in Chapter 11 Bankruptcy. There existing bank would no longer extend them any credit. Having a great deal of experience in assisting companies in the same position we quickly jumped on it and secured the financing. We love...
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