Assisting secured creditors.
Lenders who hold security often need external support and counsel to assist in dealing with distressed loans. McGrathNicol works with secured lenders to determine appropriate realisation strategies that maximise recoveries. Our experienced team can assist with:
Reviewing the underlying security.
Evaluating the loan to determine if sufficient cashflows can be generated to meet servicing obligations.
Determining strategic options for maximising returns and meeting secured lender expectations.
Implementing the enforcement strategy, which may range from appointments as Receivers and Managers to distressed companies, or as Agents for Mortgagees in Possession over direct property exposures.