Scenario 6
Business Advisory

Lender Appoints Receiver.

Client Presents with

  • Asset portfolio - Client owns 10 Commercial and Residential properties comprised of $27 million of property assets and a value of $41 million.
  • Business Loans secured by the properties, had not received full payments for 12 months.
  • Sale of properties commenced for Receiver’s sale.
  • Client was unable to obtain refinance of facilities.
  • Bank was unwilling to provide partial releases to allow sale of a portion of the properties.

Client Objective

  • Reduce the portfolio to a sustainable level of $11 million in assets.

DJ Capitals Result

  • Deed was negotiated with the bank providing the client with a 12 month facility at standard interest rates.
  • Client resumed making regular repayments for the Business Loan.
  • Bank-Client trust and communication was re-established.
  • Result of a new 12 month facility for the Client was a premium result under the circumstances initially presented to DJ Capital.
  • New deed allowed the Client time to sell several properties to continue banking with their Lender at reduced levels.

Other Scenarios

Scenario 4
Business Advisory

Debt Outweighs Asset Value.
Asset Value: $2,000,000
Bank Debt: $7,500,000

Scenario 5
Business Advisory

Bank Appoints Receiver.
Asset Value: $98,000,000
Bank Debt: $52,000,000

Scenario 6
Business Advisory

Lender Appoints Receiver.
Asset Value: $41,000,000
Bank Debt: $27,000,000