By the time a leak turns into mold, the only choice is remediation, so the experts are called. Likewise, a financial restructuring requires focused expertise to achieve results. Management wants to protect their jobs and prove their worth. The banks, various other creditors and private equity backer want their capital returned. Nobody can agree, fatigue is rampant and distrust abounds. The missing link is an objective third party expert who can earn everyone's trust and thereby bring closure.

In these situations, we employ our deep experience in forensic accounting, cash flow analytics and working with lender clients to achieve financial restructurings grounded by sustainable credit terms. Most importantly, we remain objective throughout the process.

A large, money center bank recently retained us when its workout group was unsure about the quality of a troubled borrower's financials. Our forensic accountants concluded that the company suffered acute problems. We then consulted with the lender through a successful financial restructuring, despite the fact that the borrower was less than cooperative.

By engaging the borrower's numerous creditors and modeling various scenarios, we derived a creative solution that overcame the conflicting interests of the parties involved. Our client was able to engage us for a very low-risk forensic accounting assignment before committing to a full financial restructuring, cost-effectively maximizing their options. The various creditors were able to move on to the next problem loan. The borrower, despite its acrimony, was able to stay in business with financial partners intact. Everyone walked away, better off in the long run.

Brandlin & Associates is an exclusive provider of accounting due diligence, financial consulting and strategic consulting services. We pride ourselves on offering superior technical expertise, years of practical experience and unparalleled service to decipher financial and operational performance metrics. As a result, our clients are able to make informed decisions in a timely manner.