What to consider
Adding debt may not address the cause of a persistent cash-flow problem.
Who can help?
Turnaround professionals, accountants, lawyers and LITs. This describes a provider type, not a confirmed DebtHelpers partner.
Questions to ask
- Is the business viable under a realistic plan?
- Which obligations or deadlines need immediate attention?
MAKE THE CONVERSATION COUNT
Three things to have handy
- 1Recent results and a short-term cash forecast
- 2Creditor obligations and personal guarantees
- 3Deadlines that cannot wait