September 26, 2016: Spokane, Washington: Chapter 11 Expert provides $1,883,000bank financing at 6% interest to fundballoon payment to pay equipment loan under a Chapter 11 Reorganization Plan& announces market rate bank financing is available for businesses and real estate owners in Chapter 11.

Restructuring Advisory Group www.restructuringadvisorygroup.com or www.restructuringexperts.coma Chapter 11 Expert, and expert in CMBS Loan Restructuring, Chapter 11 Finance, Debtor in Possession Financing Commercial Loan Modifications and funding Chapter 11 Reorganizations today announced the $1,883,000financing for equipment of a Company for whom Restructuring Advisory Group wrote the Chapter 11reorganization plan.

The Chapter 11 financing was required to fund the final payment under the Chapter 11 Reorganization Planthat was confirmed by the Eastern District of Pennsylvania bankruptcy court. As part of the confirmed Chapter 11 Reorganization Plan, Restructuring Advisory Group negotiated a 5-year commercial loan restructure that extended the loan maturity dates, reduced the loan interest rates, and gave the Business Owner time to increase revenues so that he was able, through Restructuring Advisory Group, to finance the $1,883,000 required to pay the bank off.

Restructuring Advisory Group’s 25 years of consultation in and financing of real estate and businesses in Chapter 11 has earned the Company a national reputation as turn-around experts and leaders in the field of CMBS loan modification, Chapter 11 finance & the refinancing, discounting and restructuring of debt both in Chapter 11 and through non-Chapter 11 forbearance agreements

In this specific case, Restructuring Advisory Group was retained by the business owner to negotiate the commercial loan modifications, write the Chapter 11 Reorganization Plan, initiate and finalize all bank negotiations, and provide the market rate bank financing for the Client. Restructuring Advisory Group also handled the daily interface and strategy sessions with the Bankruptcy counsel, and executed on the overall strategy, freeing up the business owner to run the business without being bogged down by the Chapter 11.

For over 25 years, Restructuring Advisory Group has negotiated the discount, refinance, modification and restructure of nearly three quarters of a billion dollars in loans with major banks and financial institutions nationwide.

The company has long standing relationships at the decision-making levels of major financial institutions and its’ trademark negotiating strategies are much more efficient, time-saving and cost effective than battling the banks with and through legions of lawyers.

Restructuring Advisory Group offers free initial consultations and is an expert in writing Chapter 11 plans, and turn-around plans and in navigating and demystifying the complex legal and financial issues that confront businesses and real estate investors as they face the challenges of Chapter 11.

RESTRUCTURING ADVISORY GROUP
Phone # 800-357-8247
Website:www.restructuringadvisorygroup.com
Website:www.restructuringexperts.com
Email: [email protected]