Financial distress can devastate a business and be costly for lenders. In this guide we will explain the differences between debt restructuring and debt recovery and which option is better for lenders. We also discuss the role of an independent financial advisor and how one may help both lenders and borrowers in distressed situations.
The world is going through a period of unprecedented uncertainty brought on by the pandemic and its consequences. For businesses affected, this is how you can weather the storm.
