London Manhattan has been very effective in providing debt and equity financing and refinancing, first-time financing, leveraged buyouts, management buyouts, divestiture financing, financing for rapidly growing companies, and assisting in acquisitions and mergers. Financial services from LMC enable clients to seize opportunities created by strong market demand for their products and services.
We work with clients requiring basic financial services such as establishing or replacing a revolving credit line or term loan, and with clients requiring more complex services including structuring mergers, reverse mergers, acquisitions, workouts, equity financing, equity promotion, and executive corporate consulting. A typical London Manhattan client has financing needs from $1 million to $50 million and revenues ranging from $5 million to $250 million. London Manhattan’s corporate finance clients are companies that have progressed beyond the start-up phase and whose business concept or product(s) have already been adequately proven by experience.
London Manhattan provides debt financing both to companies in sound financial condition and to those that have encountered strategic or operational difficulties that seriously affect their balance sheets. London Manhattan’s special expertise lies in integrating several lenders or financing sources to provide the best solution. London Manhattan has a successful record of financing complex and difficult situations, particularly those where traditional bank lenders may be reluctant to extend credit or may desire to withdraw from the existing relationship.
The capital sources which London Manhattan approaches differ from transaction to transaction, and from industry to industry. They include commercial finance companies, wealthy individual investors, banks and merchant banks, institutional funds, strategic corporate investors and inside investors (through ESOPs and other management buy-out mechanisms).
Companies facing corporate restructuring, bankruptcy, Chapter 11, and financial restructuring, can turn to LMC for help. London Manhattan has worked in all aspects of corporate restructuring in roles ranging from financing advisor to hands-on operator, both in Chapter 11 bankruptcy and at the point when a company faces potential revenue decline, acute illiquidity, dangerously leveraged assets or lack of strategic focus.
Courses of action might range from relatively minor adjustment (such as the redesign of cash controls) to financial restructuring of real estate commitments, divestiture of assets, or work force reorganization and downsizing. In more serious situations, it may be necessary to reposition the company’s products and services, merge operations with another company, liquidate, or sell the business.
Because London Manhattan is independent and involved with a company only temporarily, its team can act objectively and decisively and be as forthright with creditors and others as necessary, given the circumstances. With London Manhattan’s team concentrating on the company’s most contentious issues in a crisis, company management is left free to concentrate on building revenues, preserving the company’s reputation and maintaining morale.