Offense or Defense? A Playbook for Lender-Owned Businesses
Atlanta, GA — While most lenders never want to be handed the keys to a company, when a tapped-out sponsor exits and passes ownership to the lender, a series of questions, analyses, and tasks must accompany the lender’s likely unwanted ownership of the borrower, as well as a variety of pitfalls that can beset a lender once it has been forced to take ownership.
In the first of a three-part series published by ABF Journal, Configure Managing Director Jay Jacquin explores the important decisions a lender must make to minimize risk and maximize value when tossed the keys by a sponsor.
Read the full article here: https://www.abfjournal.com/articles/offense-or-defense-a-playbook-for-lender-owned-businesses/