Cambridge Financial Services : cambridgefinancialcorp.com : Management Consulting : Turnaround Management


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Cambridge Financial Services
Raritan Plaza III
105 Fieldcrest Ave., Suite 401A
Edison, NJ 08837
Telephone: (732) 512-9200
Fax: (732) 512-9300
info@cambridgefinancialcorp.com

www.cambridgefinancialcorp.com

A summary of Cambridge Financial Services is outlined below.

	Turnaround Management Advisors and Loan Workout Consulting
	Financial Restructuring and Placement Services
	Financial Management Planning Services
	Interim Financial Personnel Services
	Litigation Support

Turnaround Management Advisors
and Loan Workout Consulting

Typically, a company in financial trouble can expect to go through five stages to turn the business around;

1.	Engagement of the Architect

		In this stage the company engages a turnaround consultant or interim management team such as Cambridge Financial, to put in place the talent to lead the turnaround effort.

2.	Situational Analysis

		The objectives of this stage are to see if the business can be saved (i.e. viability analysis), to identify the most appropriate type of turnaround strategy to employ and to develop a plan to implement such strategy.

3.	Crisis Intervention

		In this stage, whatever emergency action is necessary is taken to ensure that the organization will survive. This includes action to establish a positive cash flow, the raising of additional funding and negotiations with critical stakeholders to buy time to address a long term plan.

4.	Business Restructuring

		Once crisis situations are addressed, the focus shifts to longer term strategies for enhanced profitability and a restructured balance sheet to assure long term positive investor performance.

5.	Return To Normal

		Once the restructuring is accomplished, the enterprise should be poised to take advantage of other opportunities for growth and to attract the management talent to replace the turnaround architect group.

Cambridge Financial Services has a strong and long standing reputation as experts in consulting with financially troubled companies. Management of a company experiencing financial problems often spend more time putting out fires than in addressing the positive aspects of the business to get back to a healthy status. Our consultants are experts at handling financial turmoil, whether it be a large influx of vendors calling for collection, or diffusing the financial concerns of a bank. Often, the engagement of a specialist such as Cambridge Financial will immediately enhance credibility and assist the firm in negotiations with lenders and suppliers to restructure terms and weather the financial storm.

Financial Restructuring and Placement Services

Cambridge’s financing sources include traditional and alternative lenders and investors for varied commercial purposes. Our reputation and relationships with both the typical cash flow lenders, as well as the more specialized funding sources, such as factors, asset based lenders, debtor-in-possession financiers, and mezzanine investors. We provide our clients with the widest range of options when seeking funding. Cambridge is selective with the client projects, and actually advises on the structure, format and information presented to the potential financing source. The fact that Cambridge has pre-screened a client request lends immediate creditability to the proposal with our wide network of preferred lenders and investors.

Cambridge consultants put their experience as actual former lenders into tailoring a credit proposal that has the best chance of gaining approval. With the assistance of Cambridge, a client is assured that a lender will have sufficient information to make a decision quickly, rather than the painstaking and expensive time delays that can occur when a lender needs additional information.

Financial Management Planning Services

With Cambridge’s guidance, coupled with sophisticated computer capabilities, clients have the ability to run various projection scenarios to plan for any financial need including merger and acquisitions, turnarounds and Chapter 11 emergence plans. In addition, Cambridge can enhance a client’s tight cash position through a hands-on implementation of various management programs. Cambridge can set up systems designed to accelerate accounts receivable, as well as establish an acceptable, methodical and “extended” trade payment program.

Interim Financial Personnel Services

Rather than employ a full-time financial executive, it is often more prudent for the growing firm to hire a temporary financial personnel to handle affairs until the workload justifies a full-time employee. Cambridge professionals will perform this service on a set schedule (e.g., one day a week) until full-time service is needed. Engagements of this nature include setting up and implementing financial systems and procedures to manage operations and handle growth.

Litigation Support

Attorneys and clients engage Cambridge Financial to provide assistance in litigation evaluation, strategies and as expert witnesses. Depending on the parameters of the engagement, our consultants can provide expert testimony on debtor/creditor situations, commercial banking and financing matters, distressed business issues and damage calculations. We can work closely with attorneys in the request and review of discovery material, and play an integral part in developing successful litigation strategies.