Changing economic times pose real challenges for Canadian business; particularly those impacted by the rising Canadian dollar, escalating input costs, and the competitive onslaught from offshore sources. Decisive action is required in order to survive and thrive and a specialized approach is required to respond to these challenges. We have a long and successful track record in providing a range of Distressed Financial Advisory Services, including:
Strategy and business planning
Our multi-faceted team works closely with buyers, sellers, lenders and other stakeholders to critically evaluate options, assist in decision-making and build strategies and plans that enhance value for all. Our strategic advice is founded on years of experience in corporate finance, insolvency and other financial disciplines. Early involvement usually maximizes opportunity and value.
Re-capitalize or refinance
As performance declines or a company approaches the "zone of insolvency" relationships with existing lenders inevitably become strained or even irreparably damaged. Through our extensive network of asset based lenders, bankers, distressed investment funds and strategic investors, Farber Financial Group can successfully source necessary funding in the form of operating loans, asset based loans, bridge loans, sub-debt, mezzanine financing and equity investment.
Restructuring
Successful turnarounds necessitate addressing core operating and financial issues to effectively restore profitability and manage cash flows challenges. We offer a broad range of specialized disciplines to support management in this regard: providing seasoned turnaround professionals (financial and operational focus), chief restructuring officers, profit enhancement consultants and Interim CFO support. Formal restructuring under Companies Creditors Arrangement Act ("CCAA") or Bankruptcy & Insolvency Act ("BIA") may also be an essential part of any restructuring plan.
Distressed mergers, acquisitions & sale of assets
As outlined below, distressed M&A transactions require a specialized blend of corporate finance advisory and formal insolvency expertise. Interaction of both of these disciplines is essential to achieve desired results. Early action to sell part or all of the business may be the best strategy to maximize enterprise value for stakeholders. If financial crisis deepens, a sale by a Receiver or Court-supervised sale under CCAA or BIA may be the most appropriate route for conveying assets free and clear of encumbrances, liens, claims, etc.
