Lender & investor negotiations
We help prepare the financial reporting, models and plan your lender or investors need to see, and work with you through the negotiation.
Services · Special Assets & Lender Negotiations
Special Assets and lender negotiations for business owners
If your loan has been transferred to Special Assets, you are facing a forbearance deadline, or you are violating loan covenants, we help you rebuild trust with your lender and put a credible plan on the table.
Special Assets
What it means when your loan moves to Special Assets
A Special Assets Group (SAG) is the team inside a bank that manages loans the bank considers troubled or higher risk. When your loan moves there, the relationship changes: the bank wants a clearer view of the business and a credible plan.
That is where we help. We work with owners to rebuild trust with the lender, restore a credible turnaround plan, and negotiate a path forward, while the work of running and fixing the business continues.
Situations we help with
A troubled bank relationship
- Your loan has been transferred to the bank’s Special Assets Group (SAG)
- You are facing forbearance deadlines
- You are violating, or at risk of violating, loan covenants
- Banking or investor relationships have deteriorated
- The balance sheet is challenged and debt needs to be restructured
- Cash is painfully tight, or the business is relying 100% on a line of credit
How we help
Lender negotiations and debt restructuring
Relationship management
Lender and investor relationship management to rebuild trust and keep communication credible and consistent.
Debt & balance sheet restructuring
Help evaluating and negotiating debt and balance sheet improvements as part of an integrated turnaround plan.
Customer & vendor negotiations
Key customer and vendor negotiations, so the operating side of the business holds together while the bank works through its process.
Working with counsel
The business side, alongside your attorney
Forbearance agreements, covenant defaults and formal proceedings carry legal consequences, and those questions belong with your attorney. Our role is the business side: the numbers, the plan, the lender conversations and the execution.
General information only, not legal advice. Cole Advisors is not a law firm; review any agreement with your attorney.
FAQ
Special Assets and forbearance questions
What is a Special Assets Group at a bank?
A Special Assets Group (SAG) is the team inside a bank that manages loans the bank considers troubled or higher risk. A transfer there usually means the bank wants a clearer view of the business and a credible path forward, whether that is recovery, restructuring, or exit.
What is a forbearance agreement on a commercial loan?
A forbearance agreement is an arrangement in which a lender agrees to hold off on certain remedies for a period of time, usually in exchange for conditions such as reporting, milestones, or a plan. Deadlines matter, so preparation should start early.
General information only, not legal advice; review any agreement with your attorney.
What happens if a business violates a loan covenant?
A covenant violation can give the lender rights under the loan documents and often leads to closer oversight, a waiver or amendment request, or a transfer to Special Assets. Getting accurate numbers and a credible plan in front of the lender quickly is usually the first step.
General information only, not legal advice.
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Contact Cole Advisors
Talk through your situation.
Every situation is different, and the conversation is confidential. Tell us what is happening and we will tell you honestly whether we can help.
712 N. Second Street, Suite 301, St. Louis, MO 63102(314) 436-6250