We facilitate corporates in restructuring and reduction of excess debt burden, by consolidating multiple loans, changing loan terms, negotiating for a lower interest rate, converting debt to equity, and extending the loan's repayment tenure.

Debt restructuring is a process that allows companies, individuals, or even countries to modify the terms of their existing debt to make it more manageable.

Here's a detailed overview of the debt restructuring process:

Assessment of Financial Situation: The debtor assesses their financial situation to understand the extent of their debt and their ability to repay. This involves reviewing all outstanding debts, income, and expenses.

Contacting Lenders: Contact lenders to discuss the possibility of restructuring the debt. This initial contact is crucial to gauge the lenders willingness to negotiate new terms.

Proposal for New Terms: The debtor proposes new terms for the debt. This can include reducing the interest rate, extending the repayment period, deferring payments, or even reducing the principal amount.

Negotiation: Both parties negotiate the proposed terms. The goal is to reach an agreement that is acceptable to both the debtor and the lenders. This may involve multiple rounds of discussions and adjustments.

Agreement and Documentation: Once an agreement is reached, the new terms are documented in a formal agreement. This document outlines the revised repayment schedule, interest rates, and any other changes to the original loan terms.

Implementation: The debtor begins making payments according to the new terms. This step requires strict adherence to the revised schedule to avoid further financial difficulties.

Monitoring and Compliance: Both the debtor and the lenders monitor the implementation of the new terms to ensure compliance. Regular reviews may be conducted to assess the debtor's financial health and ability to continue making payments.

Active Financial Management: The debtor actively manages their finances to ensure they can meet the new repayment terms. This may involve budgeting, reducing expenses, or finding additional sources of income.

Debt restructuring can provide a viable alternative to bankruptcy, allowing debtors to manage their obligations more effectively while providing lenders with a better chance of recovering their funds