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Specialty packaging and logistics company restores profitability and is recapitalized
A privately held transportation company in the business of packaging highly flammable and combustible products in the oil field service business was losing money, was in default with their senior…Read More
Successfully completed refinance of senior secured lender with a third-party finance company for transportation company
Courier business that was operating in the south and midwest U.S. was in forbearance with its primary senior secured lender following a covenant default from a decrease in profitability and a deterioration of its liquidity.
Harney helped oil field service company with reporting cash flows during forbearance period and re-finance of debt
A supplier in the Permian basin (Texas) of chemical solvents and anti-corrosion products was in default with its senior secured lender. The default was a result of misreported operating results…Read More