CURRENT
President
HQ: Schaumburg, IL
800-306-1250 • newpointadvisors.us
Newpoint Advisors Corporation is a financial advisory firm dedicated to improving troubled and financially underperforming businesses with revenues of $1 million to $50 million and/or senior debt below $10 million.
Since opening for business in 2013, Newpoint Advisors Corporation has sought technology to not only help it develop its platforms, but also deliver services. This philosophy lends itself to the company’s innate curiosity and its experimentation with many of the platforms it harnesses in its “laboratory.” Led by this mindset, the Newpoint team has been converting traditional services into state-of-the-art, tech-enabled toolkits and affordable products for small businesses for nearly a decade, and it is from a roadmap of continuous innovation that Newpoint seeks to help clients see the way forward.
Newpoint primarily services smaller distressed businesses, a market traditionally underserved by consulting firms, as traditional methods and costs of delivery are unapproachable at best. When Newpoint began, its mission was to be laser-focused on the cost of delivery with high quality and consistent results. With its technological background, Newpoint was able to thrive and help many businesses during the early days of the COVID-19 pandemic while others were scrambling to get online, all because Newpoint had remote operations already built into its service model.
In the last year, Newpoint has been able to mold its knowledge of subchapter V bankruptcy filings to create a tool kit of financial advisory services that have been described as “value added” by courts, even when that is not always the plan in subchapter V. Encouraged by the results in court, Newpoint has applied the same solutions to support several clients in multiple jurisdictions across the United States.
“I realized that Newpoint was only going to come to fruition by leveraging technology to provide solutions to smaller distressed businesses. Specifically, those who cannot be serviced by traditional consulting firms.”
