Michael Page Banking Recruitment

Loan Workout

Small business borrowers with troubled loans are in a unique position today. In the 1980s and early 1990s, lenders were quick to foreclose on non-performing loans. Now, lenders are much more inclined to work with borrowers to see that loans are repaid. For businesses with only temporary or relatively minor financial problems, a loan "workout" or debt restructure is an appealing option. The key is to negotiate the most favorable new terms without compromising your legal rights.

Our Workout team specializes with candidates from AVP to MD level working on aspects of loan review, including structuring, underwriting and reogansization of loan agreements. Successful candidates will have analyzed financial and restructuring plans, performed cash flow, liquidation and industry analyses and negotiated legal documents.

Michael Page Banking Recruitment:

For More Information Contact a Loan Workout Specialist:

Paul Webster, Manager Loan Workout

Tel.: +1 212 771 6062
Fax: +1 212 661 6622

Email: paulwebster@michaelpage.us.com

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