We Seldom Hear The Word “NO” In A Workout.

In a word, it doesn’t happen, ever. Never to us, at least. Why? A couple of reasons:

1. Like anything, if you do it enough you get good at it. We have been doing this for over thirty years and we have gotten very, very good at it, so we never hear “No.” We don’t always get the exact result we want, but we always get an acceptable result—in fact, usually a terrific result—and we average 93% debt forgiveness and that ain’t bad!

2. We understand the FDIC rules that govern banks and the SBA rules and policies that control SBA guaranteed loans and workouts. Without such clear knowledge and understanding, success is improbable and more rejections will be heard, but with such understanding, we always get a “Yes.”

3. Our approach appeals to the best interest of the bank, as opposed to that of most borrowers in default who argue what is in their own best interest. Our approach works best.

It is really that simple. Experience and expertise wins. We win because we have both.

Many well-meaning lawyers, accountants and other workout businesses (who do not specialize in secured bank workouts or SBA guaranteed loan workouts) try their best, but unfortunately, without detailed knowledge learned from years of specializing, they are doomed to either deliver an inferior result or get the “No.” With us, there is no such thing as a “no,” just a question of how deep the forgiveness will be… and we start with very, very, very deep and end with deep, or better.

We follow the rules as we understand them and apply our approach which works to preserve assets and reduce debt, truly giving the borrower a second chance and the banks the best possible result. This works, every time.