When creditors and lenders reach sticking points in negotiations about a workout, a loan modification or the release of collateral, the introduction of a 3rd party into the negotiations can help smooth things out.
It is often best for borrowers, from the start, to retain a 3rd party intermediary to handle the interface from initial conversations to resolution.
Commenda has the ability to comprehensively understand the entire enterprise or the individual asset’s position in the marketplace, allowing us to address the specific needs of lender, creditor, and the debtor/asset owner in order to reach a mutually acceptable solution.