Retained by manufacturer of high performance textiles for extreme temperature protection with sales of approximately $15MM. Responsibilities included review of financial projections and budget, assistance with presentations to secured creditor and assistance with short term cash projections.
Retained by start-up management team to reconstruct accounting records to raise initial funding. Successfully created models to obtain $2MM in working capital to develop product.
New York, NY
Retained as advisor for $18MM design company in the apparel industry. Led negotiations with secured asset based creditor and assisted ownership in exit of business.
Retained as a turnaround professional for a $4MM wholesale and retail company in the apparel industry. Created turnaround plan and negotiated forbearance and exit financing with secured creditor.
Performed a collateral audit on a $25MM dyed activewear distributor with LOC exposure of $8.5MM. Retained by the secured creditor for 11 engagements.
South Burlington, VT
Performed a field exam and internal control review for an undergarment manufacturer to support borrowings on a $2.5MM line of credit.
Retained by secured creditor and 50% equity owner to secure facility and devise restructuring plan for $2MM revenues clothing distributor of branded collegiate apparel.
Performed a collateral audit on a $15MM performance textile and apparel manufacturer with LOC exposure of $1MM.