The current restructuring cycle has pressure points unlike any in recent memory. Loan default rates have settled at roughly 4.3% of issuers, well above the pre-pandemic 2–3% range, and roughly…Read More
A turnaround is often a race against time: can the business stabilize before liquidity pressure forces the outcome? In many distressed situations today, the core issue is not whether the…Read More
You are sitting in a boardroom. The CEO tells the board that sales are beginning to recover. The lender asks for a 13-week cash flow forecast. The finance team produces…Read More
Supplement to April 2026 Action Brief BOTTOM LINE CAPE went live this morning.[1] Phase 1 is operational, the path to refunds is real, and the government has not yet sought…Read More
Download the full copy of the whitepaper here. Over the past year, tariffs quietly reshaped margins, supply chains, and liquidity across the middle market. Now they have created something far…Read More
CONSUMER DURABLE GOODS The consumer durable goods sector has consistently been driven by the strength or weakness of the consumer himself or herself. Today, that relationship is under significant strain….Read More
Financial statements are essential – but are received after (sometimes long after) the performance being reported has occurred. By the time a borrower’s statements show financial stress, the underlying issues…Read More