top of page
COVID-19
BANK LOAN MODIFICATION CONSULTING
The Loan Doctor & Associates, Inc. is proud to announce the roll out of a new consulting service. This service was created to assist small business owners negatively impacted by the COVID-19 pandemic and who currently have commercial bank loans outstanding.
(Not including SBA and COVID-19 Disater Loans.)
Let us help you
1.
Preserve business and personal credit rating
2.
Maintain an amicable relationship with current bank
3.
Avoid costs associated with finding a new lender
4.
Avoid costly legal expenses dealing with bank’s loan work out department
5.
Avoid personal or business assets being foreclosed on by bank
6.
Increase likelihood that your business will remain open; now and in the future.
The Process
Step 1
Preparation of Loan Modification Plan
Swot analysis
Revisions to current business model
Review of terms & conditions on present bank loans
Preparation of balance sheet & P & L projections
Requested modifications of present loan terms & conditions
Step 2
Bank Loan Officer Meeting
Presentation & discussions of plan with Banker
Negotiations of final points of loan modification
bottom of page