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Workout Support

Workout Assistance

Durkin Group was engaged by a lender to monitor a borrower throughout the work-out of their loan. This engagement required Durkin Group to be on-site every business day to monitor receivables, payables, inventory and cash flow. Durkin Group was responsible for securing the inventory and maintained the keys to the offices and vaults. Throughout the assignment, Durkin Group provided the lender regular updates of key data and loan-to-collateral values in addition to more in-depth periodic analysis and recommendations.

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