Category: Turnaround Management

Financing Turnaround: How Secured Lending Saved Handaband USA

Handaband USA was a thriving business in the oil and gas market in Texas until unpredictable fuel prices made it difficult to sustain its growth. This is the story of how its previous lender (Crestmark), an Article 9 reorganization, its current owner (Logan Fund) and its newly recruited lender (GemCap) have gotten the business back in the fast lane. 

How Can Businesses Adapt to Surging Transportation and Commodity Costs?

The convergence of geopolitical tension, continued disruption to the supply chain and the labor market as well as the lingering presence of the COVID-19 pandemic is pushing transportation costs into the stratosphere, meaning businesses must alter their approaches to survive.