• From a Business Risk Perspective, Effective (debtor) Management is Key to a Successful Borrowing Relationship
• Essential Elements of Management Include a Reputation of Unquestioned Integrity. Business Relations, Tenure, Experience, Expertise, Ability to Execute the Business Plan and Strategy, Management Information Systems, Controls, Reliance on Third Parties, Active Board of Directors, and Personal Decisions and Consequences
• Just How Deep is the Management Team?
• IMPORTANCE TO YOU - Integrity is paramount. Don't go there, even if you ‘could.’ Do you want that on your conscience forever? No. Use your utmost integrity and negotiate in good faith. Don't give a repayment plan based on what you think the creditor wants to see