Case Studies
Computer Consulting
Due to several months of unprofitable operations, this business accumulated $500,000 of unpaid payroll taxes owed to the IR. This resulted in a tax lien filed against the company and it’s owners. We settled this entire debt for $22,000.
Chemical Distribution
This business had sustained losses due to a large customer resourcing. The business was unable to regain sufficient new sales to cover overhead and expenses.
Commercial Lighting
This company had been experiencing losses from reduced sales. These losses prompted their bank to increase the interest rate and reduced their line of credit availability. The company also had unpaid payroll tax problems and unsecured creditor pressures.
Millwork Distributor
A large value added distributor of millwork providing products to the commercial and residential building industry found itself losing money due to several unprofitable contracts it agreed to supply.
Transformer Remanufacturing
International remanufacturer of industrial transformers providing products to utility and commercial customers was experiencing creditor’s problems and insufficient cash flow to operate its business.
Elastomeric Component Mfg
Custom elastomeric component manufacturer had been experiencing substantial increases in union wages and benefits over the years, which it was unable to pass through to customers.
CNC Machining & Mfg
CNC Machining and manufacturing company was unprofitable with substantial unpaid trade creditors which was poised to be liquidated by its senior lender.
Plastic Injection Molding
A plastic injection molder lost over $7 million in subsequent years resulting in considerable bank and creditor pressures.
Truss Company
This structural wood component manufacturing company had sustained losses for several years prompting their bank to demand that the company find another lender.
