TITLE

Purchase Order Finance Solutions for Companies in Restructuring or Turnaround Situations

AUTHOR(S)
Ballowe, Bryan
PUB. DATE
October 2011
SOURCE
Secured Lender;Oct2011, Vol. 67 Issue 7, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents purchase order finance solutions for strengthening companies in a restructuring or turnaround situation in the U.S. It cites practical considerations for a finance company such as the client's viability on an ongoing basis with management quality as a key factor. It talks about dealing with a feasible turnaround plan, existing senior lender regarding collateral and security interest and security in dealing with the bankruptcy court such as debtor-in-possession financing.
ACCESSION #
66660415

 

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