Workouts and Restructuring
Turn a financial freefall into a steady climb with a clear recovery plan
When a business is under strain, we move quickly to assess the situation, engage with lenders, and create a viable path forward.
Restructure with clarity. Recover with strength.
Our strategic business recovery services provide the expertise needed to restore stability, strengthen lender relationships, and avoid drastic measures like bankruptcy. We take urgent steps to restore financial control:
Assess financial health to identify immediate risks and cash flow challenges
Work with lenders to restructure debt and ease financial pressure
Develop a clear turnaround plan to restore stability and support long-term success
Our Strategies Work—Here’s the Proof
From a $235K Loss to $1.1M in Profit
A global pharmaceutical manufacturer was overwhelmed by mounting losses and struggling to regain control. We implemented a strategic financial overhaul that transformed their performance and reversed the downward trajectory.
See the strategy behind this dramatic turnaround
Years of operational losses put the company at risk. We stepped in with a full-scale restructuring plan to rebuild financial controls, optimize tax planning, and improve cash flow.
Here’s what we did:
- Led a corporate restructuring to improve efficiency
- Re-engineered internal controls and built a robust financial reporting infrastructure
- Implemented a new ERP system in Israel and Canada
- Collaborated with auditors to establish a forward-looking tax planning strategy
- Worked with bankers to restructure the company’s line of credit
The Result
- Reversed a $235K first-quarter loss into a $790K pre-tax profit by year-end
- Achieved $1.1M in pre-tax profit the following year
- Strengthened financial reporting for long-term stability
Secured Lender Paid in Full Through Strategic Liquidation
A disinfecting wipes manufacturer faced an unexpected collapse in demand, leaving them with excess inventory and mounting debt. Our structured wind-down ensured the secured lender was fully repaid and released the owner from personal guarantees.
How we maximized asset recovery
With no viable path to recovery, we executed a strategic exit plan focused on capital recovery and debt repayment.
Here’s what we did:
- Consolidated two factories and reduced headcount to cut costs
- Collaborated with the secured lender to hire a qualified auctioneer
- Conducted auctions at both locations to liquidate assets
- Sold off remaining inventory and machinery
The Result
- Successfully liquidated assets while avoiding prolonged financial distress
- Maximized recovery from inventory and equipment sales
- Secured lender was repaid in full, releasing the owner from his personal guarantees
Strategic Assets Sale Prevented Bankruptcy
A publicly held prescription drug benefits company was running out of cash with no clear path to profitability. NYC Advisors stepped in to stabilize operations, cut costs, and sell off strategic business units—ultimately avoiding bankruptcy.
How our strategy prevented bankruptcy
With bankruptcy looming, we developed and executed a structured asset sale plan.
Here’s what we did:
- Served as interim CFO, partnering with the CEO to create an actionable recovery plan
- Reduced operating costs and supported a successful convertible note financing round
- Advised the Board of Directors on financial and operational decisions
- Sold two business lines
- Negotiated with equity holders to approve the asset sale and write off their investments
The Result
- Bankruptcy is avoided through structured asset sales
- Years later, one of the divested assets achieved a nine-figure exit
Need help recovering capital or exiting a business?
Before You Make a Big Decision, Know All Your Options
Most businesses can be restructured—with the right plan and early action. Whether you’re facing financial pressure or declining performance, we help you evaluate the best path forward. From turnaround to strategic wind-down, you’ll have the clarity to move decisively and protect long-term value.
And if liquidation is the only solution, we’ll make every effort to ensure secured lenders are repaid in full—releasing the owner from personal guarantees and preserving peace of mind.
Our free guide includes a decision tree to help you map out your next steps with clarity.
Complete form to download our free 7-Step Exit Strategy Blueprint.
