Restructuring and turnaround financing propels your company’s recovery

Given the many challenges and time critical nature of restructuring and turnaround situations, there are some keys to coming out on top.  One of the keys to the success of the turnaround exercise, from the financing point of view, is having sufficient and flexible funding available. This is where Accord comes in, assisting you with our asset-based lending products, and we help turn the assets of your company into cash.

Our Restructuring and Turnaround Services

Using our asset-based lending products, we can work with you and your advisors to craft a financial plan allowing your company to execute its operational plan and achieve the objective of the turnaround.

Asset-Based Lending

Ideal to finance growth, an acquisition, or support a turnaround, Accord’s fast and flexible lending solutions help small and medium-sized businesses (SMBs) borrow money to manage their critical transactions.

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Accounts Receivable Financing

Accounts receivable financing through asset-based lending is a viable alternative to bank financing for companies looking for maximum flexibility. An Accounts receivable facility can unlock the value of the accounts receivable you have earned but have not yet collected.

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Equipment Financing

Whether you’re unlocking cash from equipment you already own or financing new asset acquisition, our fast and flexible financing solutions provide immediate cash flow to help your business grow.

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Challenges of Restructuring and Turnaround

The restructuring and turnaround process is both time critical and challenging. Focusing your time and resources on operations is key to the process, but having the right financing partner is just as important.

If you don’t have the financial resources to survive, your best plans will not succeed. Having helped companies across a broad range of industries restructure and return to profitability, Accord understands both the urgency of financial distress and the operational challenges. We have the resources and expertise to respond quickly and help your business get back on track.

Accord’s many years of experience in financing turnarounds equips us with a deep understanding of the process and the decisive factors that are key to successful restructuring and turnarounds. Accord can help whether your company is being reorganized outside of a formal process, or needs specialized DIP Financing under formal bankruptcy protection.

accord solutions restructuring faq

Frequently Asked Questions

Restructuring financing is a business loan that leverages your assets to provide a positive solution to significantly modify debt and reorganize the financial structure of your company. Often, such a restructuring will coincide with the implementation of a strategic plan and turnaround financing.

The restructuring financing process requires your company to establish a solid financial plan to maximize efficiency and improve the company bottom line. A restructuring loan finances this plan and facilitates the recovery of your company’s financial situation.

If you need restructuring financing for your business, you will need to have a restructuring plan that clearly lays out the steps you will take to restructure your business and the resulting improvements in profitability. A lender who provides the restructuring financing will require that you have sufficient collateral (accounts receivable, inventory, machinery and/or equipment) to support the loan amount.

The best lender to provide restructuring finance is one that can advise you from beginning to end and has good contacts throughout the turnaround financing and restructuring industry. Accord has more than forty years of experience financing business restructuring and many senior management team members who are involved in the Turnaround Management Association (TMA). Our experience and expertise can to help you with restructuring financing and getting your business on the right track. Call us to learn how you can benefit from restructuring financing at +1-800-967-0015.

Turnaround financing is a business loan—typically secured by company assets or other collateral—that supports a strategic or restructuring plan intended to help your company return to profitability.

Turnaround financing relies on a strategic plan—typically laid out by a turnaround advisor, interim CEO, or another third party—for your business, which outlines a route to profitability. With a viable turnaround strategy, you can earn the support of potential lenders by demonstrating that your company can be profitable.

Top turnaround financing companies have a knowledgeable team with extensive experience working through turnaround financing and restructuring financing with many companies just like yours. Working with such a lender will provide you and your company’s professionals with a critical resource in completing your turnaround financing. With forty years of experience in turnaround financing and many members of our senior management team involved in the Turnaround Management Association (TMA), Accord has the experience and expertise needed to help you with your turnaround financing and restructuring. Call us to learn how you can benefit from turnaround financing at +1-800-967-0015.