Workout of a large industrial portfolio involving multiple cross-collateralizations, discounted payoffs, and release of guarantees.
Closed a complicated financing, which involved three properties that were cross-collateralized on a non-performing loan.
Arranged a $1.80MM cash out-refinance as a part of the third phase in a four-phase, multi-year workout and recapitalization.
Restructuring of large multi-unit regional retail company. Kreshmore was involved in structuring the senior debt purchase and subsequent negotiation of leases. Kreshmore will stay on to advise on the transition process and help improve internal efficiencies and cost controls.
Closed $110,000 line of credit as an accommodation for an existing client. This is part of a large ongoing financial advisory job where Kreshmore is involved in monthly monitoring of financial statements, loan covenant compliance, strategic growth planning and associated debt or capital needs planning, other advisory and consulting services.