As a lender, management of non-performing loans or potential problem loans are a time consuming and non-income producing activity. CRI has an experienced team of professionals to assist you with portfolio management. Since all businesses do not require the same services, we can tailor each assignment to meet your specific needs – and at a reasonable cost. Specialized services include:
Administrative Services
For clients requiring assistance with on-going record keeping, cash activity management or business planning. It’s like having a Controller on-call.
Asset Recovery Services
For clients in the need of liquidation services, CRI will assist in the recovery of accounts receivable, inventory and other assets with an experienced asset recovery specialist on-call.
Consulting Services
For clients who require an evaluator on an as-needed basis, CRI can provide customer evaluations, collateral reviews and confirmations, business valuations, viability analysis, or other special reporting needs. An on-call consultant can provide you with reliable information on which to base sound lending decisions.
Corporate Turnaround Services
For clients needing a third party to assist its customer in reversing a downward trend, CRI can provide a certified turnaround professional on- call.
Bankruptcy Support Services
During a bankruptcy, the court-appointed Chief Restructuring Officer (CRO) acts as a leader, separate from former management, in order to implement structural and financial changes needed for reorganization. Communication with creditors is critical during this uncertain time, and the CRO acts as a liaison between anxious creditors and the debtor. CRI’s team of professionals has the expertise to provide CRO and bankruptcy support services, helping to facilitate a smoother reorganization.