Recently we encountered a situation in which a borrower had been working productively with its lender to sell one portion of the business and acquire a different, add on, business. All parties – borrower, lender, and investment banker – thought the changes would be good for the company and would significantly improve performance. About ...Read Full Story
Business people wonder what type of lender is best for them – who will lend them the proverbial umbrella in a rain storm, but at a fair price, with the fewest hoops to jump through. There is no “one size fits all”. The personality of the business owner and the management team, the financial performance of ...Read Full Story
Hospitals enter the financial danger zone as a result of various forces – some internal and some external. A reduction in their endowment or the value of their investments, higher levels of bad debt, outdated insurance contracts, or local economic woes. After crossing a certain financial line, access to ...Read Full Story
Measuring performance in the trucking industry is critical to forecasting success – or failure. According to The Journal of Commerce Top 50 Trucking Companies list, the largest trucking companies set a revenue record in 2012. The question is – did the record revenue result in record profits?
The Professionals of Focus Management Group regularly supply expert testimony and litigation support on behalf of debtor and creditor counsel related to the financial management and performance of companies, and also related to banking practices and procedures – including practices and procedures related to real estate lending. This expert testimony and litigation support assists counsels
The news media along the Gulf Coast has been covering the trial related to the explosion of the Deepwater Horizon Oil Drilling Platform in 2010. Lawyers are encouraging businesses along the Gulf to file claims and pursue potential payments from a trial settlement. The focus has been on businesses that have experienced any kind of
The field audit arrives and lists 5,700 tons of potash in inventory. At current prices this potash is valued at $2.85 million. With a 50% advance rate, the borrower owes $1.42 million based on this inventory level and current availability.
Based on a density of 75 pounds per cubic foot. Converting tons to pounds and then
Over the past several years, the comparison of milk prices to feed costs has resulted in ongoing difficulties for the dairy farmer, and, therefore, the dairy farm lender. Based on current prices for both sides of the dairy farmer profit equation, the relationship between milk prices and feed costs would provide improved performance for the
Agricultural land values, especially in the Corn Belt, have risen significantly over the past five years. The chart below shows the increase in value of an acre of land from 2008 to 2012. From 2011 to 2012 the Corn Belt experienced an overall 18.3% increase in land values, from $3,700 per acre to $5,560 per
Private schools are typically not for profit entities relying on a combination of tuition and donations to fund operating expenses and debt service. The question stakeholders face is developing the combination of tuition dollars and donor dollars to provide cash for operations, and debt service on an ongoing basis. The reputation of the school and