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As turnaround management professionals, Rapid Funding uses a process-driven approach to quickly assess a distressed auto agency situation in order to offer clear recommendations on the best course of action.
We start by undertaking a Situation Analysis, which provides a rapid, factual assessment of the current situation, including a review of cash flow, floor plan schedule, debt service capacity, capital structure, departmental operations, reporting systems and controls and management team capabilities. We analyze the situation, determine the immediate needs and develop action plans.
The next phase is to implement a turnaround plan, which often involves re-engineering the company's processes and rationalizing its operations. To obtain optimum results, our turnaround industry specialists are available as needed to assume key managerial roles within the company on an interim basis. We attend to the vital aspects of the business - cash flow, manufacturer, bank, state agency and creditor relationships, and vendor and employee relations.
Our turnaround industry specialists are experienced in all aspects of reorganization and rehabilitation, including restructurings both inside and outside of bankruptcy protection.
Using our proven process and focused approach, the Focus turnaround management team helps dealerships improve performance and rehabilitate operations. We work with the management, equity holders, floor plan providers and stakeholders to determine the key indicators for the business and develop methods to monitor performance. We establish systems and procedures designed to help the company avoid future pitfalls that can lead to a crisis recurrence.
Email Bruce Povalish at bpovalish@RapidFundingCorp.com or call him directly at 630-688-1328 for a free consultation. Excellent references are available upon request and RFC also represents banks, captive finance sources and manufacturers. WE CAN HELP YOUR DEALERS GET BACK IN TRUST! |
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