AEG Assists Lender with Building Products Company [more]
2/27/23AEG was recently retained by a lender to a manufacturer of specialty building projects for large commercial construction and renovation projects. The Company had recently defaulted under its covenants and the lender was seeking assistance in vetting liquidity and the go-forward plan. While working through the objectives of the engagement, AEG developed an excellent working relationship with the leadership team. Not only did AEG help the team enhance the accuracy and predictability of its 13-week cash flow process, but AEG was also able to identify new sales channels based on knowledge of the industry. The loan agreement was successfully restructured and the Company is actively utilizing the additional management tools suggested by AEG.