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Workouts - Negotiate, Negotiate, Negotiate

A default under a credit facility represents a moment of high risk to a company. It can result in severe consequences, depending on the nature of the default. However, both sides may hope to mitigate the consequences by engaging in a workout or restr… Read More
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Categories: Debt, Workouts

Should I Contact My Lender When Going Into Default?

For businesses with lines of credit or term loans, these times can bring a lot of uncertainty. You may find yourself wondering if you can stay in compliance with the terms of your credit facility, given the way your business results are trending. Wha… Read More
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