When per­for­mance or cash flow takes a hit, com­pa­nies often opt to replace and max­i­mize their cap­i­tal avail­abil­i­ty, some­times called restruc­tur­ing. With exten­sive exper­tise as a debtor-side advi­sor, we can suc­cess­ful­ly guide you through the finan­cial labyrinth. The crit­i­cal ele­ment is to rec­og­nize the need for help at the first signs of exist­ing investor fatigue or of loom­ing stress, while the num­ber of poten­tial solu­tions is greatest.

Solu­tions are what cred­i­tors are look­ing for. Our rep­u­ta­tion for deliv­er­ing them can buy the time need­ed for the best out­come while min­i­miz­ing any poten­tial hic­cups in the process. We can proac­tive­ly pro­vide due dili­gence, help to enhance finan­cial cred­i­bil­i­ty, and in some cas­es help with cut­ting costs and pro­tect­ing collateral.

While we have deep expe­ri­ence with bank­rupt­cies, Chap­ter 11 is not the only solu­tion and is often not the best. Many sit­u­a­tions can be resolved more quick­ly and less expen­sive­ly through out-of-court restruc­tur­ing. Every sit­u­a­tion comes with unique cir­cum­stances and oppor­tu­ni­ties. We weigh them all thor­ough­ly. Bank issues, defaults, for­bear­ance, even man­age­ment fatigue, and appetite for a fresh start are fac­tored in as we devel­op the best path for­ward.

The opti­mal path to choose is often unclear in the ear­ly innings. With Chi­ron, whether your needs end up includ­ing some account­ing clean-up, detailed mod­el­ing, cap­i­tal replace­ment, growth financ­ing, or sale, in any case, your bases are cov­ered. Don’t get stuck with a part­ner who can­not take you to the fin­ish line.

We offer both a cost advan­tage and a more effec­tive, inte­grat­ed process by deliv­er­ing to your com­pa­ny all of the inputs and skills that may be need­ed depend­ing on how unpre­dictable events twist and turn, including:

• Assist­ing your com­pa­ny with per­fect­ing his­tor­i­cal finan­cial reports, repair­ing any process­es as need­ed, and prepa­ra­tion of finan­cial pro­jec­tions and mod­els that will meet the demand­ing stan­dards of investors and buyers
• Iden­ti­fy­ing oppor­tu­ni­ties for finan­cial improve­ment and cash management
• Pro­vid­ing all of the high­ly detailed sched­ules, month­ly reports, and week­ly short term bud­get updates, which are spe­cif­ic to a restruc­tur­ing and required by the cred­i­tors and oth­er stakeholders
• Defin­ing and high­light­ing the company’s com­pet­i­tive strengths and opportunities
• Iden­ti­fy­ing the rel­e­vant lenders, investors, and/​or buy­ers and mar­ket­ing to them
• Hav­ing the abil­i­ty to focus on any rel­e­vant mar­ket, or to switch from one to anoth­er, includ­ing debt or any vari­ety, equi­ty, hybrid debt/​equity, or sale
• Restruc­tur­ing any exist­ing cap­i­tal or con­trac­tu­al arrange­ments as needed

Engag­ing us to han­dle any or all of those ele­ments is more cost-effec­tive than engag­ing two or more firms who each are able to deliv­er in only a por­tion of the skill sets, and also puts us, as your high­ly informed part­ner, in a strong posi­tion to present your attrac­tive­ness convincingly.