Bad things Happen to Good People

Financial distress isn’t always the result of extravagance, greed or even poor judgment. Entrepreneurs make business decisions based on the best information available. And while misfortune is part of being an entrepreneur, the ability to adapt to misfortune is the difference between success and failure. 23 specializes in comprehensive commercial debt restructuring and resolution for clients whose financial model has been devastated by unsustainable debt service payments that no longer reflect the economic reality of the asset used to secure the debt. For some of our clients, all they need is an experienced negotiator to provide their lender with the reality of the financial situation and the tool set to restructure their obligations. For other clients, we may assist in the replacement of the debt from a bank to a private funding source. Our team of professional advisors has successfully negotiated client obligations totaling over $4 billion in liabilities with every major national and super-regional bank, as well as numerous community banks and non-bank lenders.

The 23 Difference

Ethics

23 conducts business with a level of honor and honesty that allows us to achieve the most beneficial resolution of your problem, while preserving the respect and position you’ve worked so hard to build in the community.

Compassion

The emotional toll of dealing with financial distress is equal and sometimes greater than divorce or the loss of a loved one. It may feel as if your world is upside down, and you are coming apart at the seams. This is normal, things will get better, and you are not alone. Helping clients through emotional turmoil is an important part of what we do. We provide each of our clients access to an independent licensed therapist or executive coach to help our clients and their families cope with financial stress.

Fees

Our fees are competitive for what we provide, which is a high quality, tailored, specialized service that saves you money. We establish our fees upfront, so that our clients can plan proactively for what lies ahead, and financially justify our engagement.