Turnaround Management Association CEO, Scott Stuart, interviews Aaron Todrin, of our sister company, Second Wind Consultants, at the 2019 TMA conference. The scope, practices and need for reform in the Merchant Cash Advance industry are discussed, along with the risk MCAs pose to businesses and the challenges they present to corporate turnaround professionals.
Second Wind Consultants and Rise Alliance offer solutions to businesses of all sizes that were previously available only to the largest corporations.
Whether your company is struggling beneath unsupportable debt or managing the challenges and risks of rapid growth, we offer consulting partnerships that create a path to success—without hourly fees.
When it comes to dealing with unsupportable debt, our RISE program provides a better way out, with no bankruptcy or new debt. With RISE, we Reorganize your business, Insulate your operating accounts and clients, and Strategically Eliminate the vast majority of your debt. Reorganization is far more rational and ethical than bankruptcy, offering the optimal path to preserving the enterprise and the jobs dependent upon it while setting the stage for corporate turnaround.
When a business is in trouble, we know that most owners are faced with bad advice. That’s because attorneys are trained in one solution: Bankruptcy. Avoiding the legal arena and instead operating within the scope of business fundamentals understood by all parties, we preserve the underlying value of a business that bankruptcy would otherwise destroy.
Reorganization offers a win/win for all parties involved, including successful exits for owners and even maximum recovery for secured creditors. This is what we do for clients every day.
