DISTRESSED LENDING

A distressed corporate borrower is a borrower who is unable to fully repay their commercial loan on time, due to financial difficulties or there are circumstances where promises by third parties have let them down by not being able to discharge their existing debt on time.

The situation may invoke the appointment of receivers or investor backing offers such as taking assignment offers of investors.

Distressed borrowers can also become distressed if they simply don’t understand the terms of the commercial loan, they are currently indebted to with their mortgagee.

Generally, a distressed corporate borrower or asset can be taken out of its distressed state using the skills and financial backing of Equity & Co and its financial assistance to the borrower as well as offering joint venturing through its larger network of development investors.