General information

Task: Turnaround/Workout

Date: 11/15/2017

Arranged a $1.80MM cash out-refinance as a part of the third phase in a four-phase, multi-year workout and recapitalization. The Client was worked out in 2014 by Kreshmore, and was partially financed in the same year to clean-up liabilities, further financed in 2015 to take out credit card debt, and finally injected with the capital needed to stabilize in 2017

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