Cash Deficiencies Require Immediate Action.
Many businesses Ascend has worked with in the past have required immediate and emergency actions in order for the business to survive. Cash is always the key supply in these situations and communication with Employees, Customers, Suppliers, and other creditors are critical to minimizing the damage. Ascend brings credibility to all of these groups in hours, and has the necessary expertise and partners to ensure a quick and decisive turnaround takes place.
What type of partners are needed in these situations?
Legal advice is paramount in a successful turnaround, and Ascend works with the very best restructuring and bankruptcy attorneys in the country. Other needed partners though may include stressed lenders, liquidators, and a corral of prospective customers, suppliers, and employees.
