How do commercial loan workouts succeed?
The central aspect of the workout process is research and analysis. Once all the components of your financial situation are taken into account, the next step is to review your current loan, and consider all the options available for your particular situation. We have found that when our clients talk openly and honestly with us about their situation, we can best serve them in the workout process. We work with you during the modification process to get all documents and forms compiled. Once everything is in place and agreed upon, the proposal is presented to the bank for approval.