207-774-7234 info@spinglassllc.com

Lender Services and Collateral Review Experience

Lecia
Ogden Utah Retained by secured creditor to review multi entity distressed investment fund and trace movement of cash between entities and to insiders.  Assisted secured creditor in valuation issues.
Burlington, VT: Performed a collateral audit on a $45 million regional auto parts distributor with LOC exposure of $5 million. Spinglass Management Group was retained by the secured creditor for six engagements.
Burlington, VT: Performed a collateral audit on a $40 million lumber distributor with LOC exposure of $5.5 million. Spinglass Management Group was retained by the secured creditor for eleven engagements
Burlington, VT: Performed a collateral audit on a $25 million dyed activewear distributor with LOC exposure of $8.5 million. Spinglass Management Group was retained by the secured creditor for eleven engagements
Burlington, VT: Performed a collateral audit on a $90 million reel manufacturer with LOC exposure of $5.5 million. Spinglass Management Group was retained by the secured creditor for six engagements
Portland, ME: Performed a collateral audit on a $15 million machine products manufacturer with LOC exposure of $1.75 million.
Portland, ME: Performed a collateral audit on a $15 million commercial door systems manufacturer with LOC exposure of $2 million.
Burlington, VT: Performed a collateral audit on a $25 million consumer products distributor with LOC exposure of $2 million. Spinglass Management Group was retained by the secured creditor for three engagements.
Portland, ME: Performed a collateral audit on a $10 million engineering and project management firm.
Bangor, ME: Performed a collateral audit on a $10 million trailer sales and service company with LOC exposure of $1.3 million.
Bangor, ME: Performed a collateral audit on a $50 million railway with LOC exposure of $5 million.
Portland, ME: Performed a collateral audit on a $20 million consulting and engineering firm with LOC exposure of $2.8 million.
Bangor, ME: Performed a collateral audit on a $20 million log homes manufacturer with LOC exposure of $3 million. Spinglass Management Group was retained by the secured creditor for two engagements.
Portland, ME: Performed a collateral audit on a $13 million seafood processing facility with LOC exposure of $2 million.
Rutland, VT: Performed a collateral audit on a $60 million lumber and building supply distributor with LOC exposure of $7 million.
Portland, ME: Performed a collateral audit on a $15 million machine components manufacturer with proposed LOC exposure of $1.7 million.  Spinglass Management Group was retined by the secured creditor for three engagements
Burlington, VT: Performed a collateral audit on a $40 million automatic transmissions manufacturer with LOC exposure of $8 million.
Gorham, ME: Retained by FAME for operational review and accounting analysis in distressed business operation.
Portland, ME: Retained by equity investors to prepare valuation analysis, pro forma financial statements, equity offering documentation, and other business analysis for manufacturing and distribution company.
Portland, ME: Retained by a secured creditor to monitor ongoing performance with respect to recovery plan for $25 million manufacturing firm.
Portland, ME: Retained by a private capital company to establish accounting system and provide accounting oversight for $2 million manufacturing firm.
Portland, ME: Retained by creditors to provide collection efforts on problem accounts for a troubled seafood distributor.
Providence, RI: Retained by secured creditor to analyze flow of funds and monitor liquidation process.
Windham, ME: Performed a collateral audit on a $2.5 million appliance and electronics retailer.
Swanton, VT: Performed a collateral audit on a $24 million organic feed supplier with LOC exposure of $1 million.
Greenfield, MA: Performed a collateral audit on a $20 million hardware and lumber retailer with LOC exposure of $4.5 million.
Winslow, ME: Performed a collateral audit on a $18 million rope manufacturer with LOC exposure of $3.5 million.  Spinglass Management Group was retained by the secure creditor for two engagements
East Thetford, VT: Performed a collateral audit on a $12 million furniture manufacturer with exposure of $3 million.
Portsmouth, NH: Performed a collateral audit on a $15 million performance textile and apparel manufacturer with LOC exposure of $1 million.
Conway, NH: Performed a collateral audit on a $20 million gun barrel manufacturing company with exposure of $5 million.
Claremont, NH: Performed a collateral audit on an $80 million paper mill with LOC exposure of $4.8 million.  Spinglass Management Group was retained by the secure creditor for four engagements
New London, NH: Performed a collateral audit on a $17  million saw mill and lumber yard with LOC exposure of $2 million.
Westbrook, ME: Performed a collateral audit on a $25 million trucking company with LOC exposure of $2 million.