If you find that …
- You are falling outside your bank covenants
- Your bank is looking for more information that you have a hard time providing
… Then you need to put time and resources into a concerted effort to work with your bank (or a new bank), to tell them your story and build a plan to restructure debt enabling your growth.
We have walked many business owners through the restructuring process. We get to know you, your company, and your lenders so we can facilitate productive conversations. In addition, we get to know your books and your operations so we can tell the story of where you came from. Finally, we dive into the “get the hands dirty” work of operations, finance, and accounting to be able to craft the go-forward plan for the company.
“GrowthLab has provided invaluable tools and advice to Tizra’s management team, helping us scale smoothly and confidently.“Abe Dane, CEO at Tizra
“GrowthLab earns my highest praise for professionalism and affordability. I have hired them to improve our financial reporting... they were hands-on, patient, and able to move our organization... to an up-to-date and easy-to-use system.”Christine Earley, Ph.D. Board Member & Treasurer at NAMI
“…well-versed in all areas of finance, providing strategic guidance for early- stage start-up businesses… possesses a great work ethic, deep insights into financial analysis and modeling, and a collaborative approach to his work. An asset to any team.”Andy Levitt, Founder & CEO at Purple Carrot
“GrowthLab is a tremendous partner for FluidSense. Allowing our core team to focus on engagement and development, while GrowthLab focuses on the financial and bookkeeping aspects.”Jeff Poole , COO at Fluid Sense
FROM THE BLOG