Friday 24 July 2009

What kind of companies benefit from Turnaround Finance?

Turnaround finance helps the distressed companies to return to a financially stable situation. This is done by maximizing the creditor’s interest, interest of the employees, managers and shareholders. The companies that can benefit from Turnaround finance are often small companies that are hit by the economic crash and cannot raise the funds to come out from that particular situation. In this type of a scenario, the big companies provide funds to these smaller ones and help them by providing the business restructuring solutions. These companies have made profit in the past but have poor cash flow situation at present.

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