Through our restructuring services we provide support to banks to assist them in their assessments of their clients' businesses and debt service capacity. This is typically triggered by the need to roll over an existing facility, the need for a fresh loan or a perceived change in the creditworthiness of a lender. Our services are designed to protect your assets during times of distress.
- Quality of information
in many situations of financial distress, management begin to find themselves firefighting rather than planning and executing longer term strategic goals. As the problems intensify the accuracy and relevance of the information provided to the banks often suffers. Using external experts will assist banks in obtaining accurate, timely and relevant information.
The use of independent experts adds significantly to the credibility of the information provided. Both financial projections and the future debt service capacity of the business can be assessed in comparison to current performance and as a result banks can make support decisions from a position of real knowledge.
- Independent business reviews
We provide services to banks which are specifically designed to provide a clear and objective view of the borrower's current financial capacity. In doing so we review and challenge management's assumptions and provide the lender with a realistic picture of the company's total financial liabilities and its debt service capacity.
- Restructuring services
There are a variety of ways in which we can assist lenders in protecting their assets when borrowers have difficulty in meeting their financial obligations. We provide services which support in the planning of comprehensive, detailed and achievable financial turnarounds. We also provide support through the provision of senior experienced turnaround managers who will execute the turnaround for the benefit of the creditors and other stakeholders of the company.
- Optimisation of asset recovery
Alba can advise banks on the optimum strategic plan to protect their assets and maximise recovery, particularly in a multi-lender situation. We can also provide support to banks through all stages of the plan's implementation.