Aerospace Tooling Manufacturer Seeks NextLevel’s Leadership for Operational Turnaround
Aerospace Tooling Manufacturer Seeks NextLevel’s Leadership for Operational Turnaround Client Situation A closely-held company was in technical default on two credit facilities (aggregate $1.6 million) for three months, facing formal default and lender action. Solution A NextLevel executive served as an adviser to the CEO, implementing the following actions: Immediately contacted appropriate loan officials at the company’s bank and opened a detailed dialogue. This dialogue resulted in an agreement [...]