Gulf
Atlantic Capital Negotiates Forbearance Agreement for Electric Contractor.
Lakeland, Florida
Financial Advisory Services
$45,000,000
Gulf Atlantic Capital acted as financial advisor and restructuring advisor to the Company.
Gulf
Atlantic Capital Negotiates Forbearance Agreement for Electric Contractor.
Gulf Atlantic Capital was retained by The Electric Company, a top 5 commercial electric contractor in the State of Florida, to negotiate a forbearance agreement with the Company’s working capital lender.
Developed rolling cash flow and collateral projections to assist the lender in gaining an understanding of the Company’s operations.
Assisted the Company with in financial reporting, including borrowing base reporting and monthly progress updates for the working capital lender.
Assisted the Company in identifying potential equity investors to recapitalize operations.
