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February 29, 2024

Issue 07: What to do when facing financial difficulties or being in default

What to do when facing financial difficulties or being in default

Financial security is everyone's goal, but unforeseen circumstances can lead to tight situations for borrowers and investors. If repayment is in jeopardy it’s a lose-lose. While all parties hope it never happens, it’s good to be prepared beforehand.

But what does such preparation look like?

Here are our 5 tips on how to avoid trouble as a company when facing financial difficulties beforehand and what to do if shit hits the fan. ​​​​​

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