Restructuring / Turnaround
PCE has provided consulting services to troubled debtors ranging from $7.5 million to $90 million in multiple industries and in a variety of ways.
Based on proven financial management experience, reputation, trust, and results, PCE is able to "bridge the communication gap" between management and creditors.
Most often, PCE is recommended by the bank for intervention purposes based on the company's poor financial results, doubt of its ability to repay the bank, and deterioration in communication and, therefore, trust of management. The natural deterioration of communication and trust in a troubled businesses' financial picture affects the bank, the employees, investors and others.
Because our professionals have proven business experience on the bank-creditor side as well as on the business-debtor side, we are able to clearly communicate to both sides the specific circumstances, problems and solutions involved in this particular situation. We are able to clearly explain the bank's position(s) to the debtor and help the lender understand specific problems that the debtor may encounter resulting in the current financial position of the company.
PCE monitors all transactional phases of businesses:
- Sales, accounts receivable and collections
- Purchases, accounts payable and cash disbursements
- Personnel and payroll, and
- Reporting of cash transactions compared to budgets.
