Many business owners often believe that getting a bank loan will automatically end all their business challenges without realizing that if not carefully planned to repay a bank loan can be very difficult if not outright impossible especially in the current turbulent Nigerian economy. Business owners are struggling to repay loans taken during prosperous times, and the lenders are threatening to foreclose on the business and personal assets used as collateral or security for the loans.
Have you defaulted or about to default on a business loan and worried about the Bank foreclosing on your business or property and ruining your credit reputation? Our loan workout service can help by analyzing and or restructuring your business to increase your repayment capacity and negotiating with your lenders for a significant modification of the loan terms also known as a loan workout. We could also use other strategies such as facilitating the injection of additional equity and or cashflow into the business through idle/unused assets sales, mergers and acquisitions.
Read more about the Loan workout in our blog post and contact us on +234 (0) 817 908 4185, 0815 8300437 to know how we can help you.