- All Industries
- Aerospace/Defense
- Automotive
- Automotive Injection Molding
- Bike Store
- Community Newspaper
- Construction
- Cyber Security
- Data Aggregation for Transactions
- Decedent's Estate
- Engineering
- Fabrication
- Farm Sundry Retailer
- Fastener Manufacturer
- Filmmaking
- Fire and Water Restoration
- Fitness Gym
- Greeting Card Designer
- Healthcare
- Importer
- Landscaping / Gardening Services
- Light Industrial Staffing
- Manufacturing
- Misc
- Outdoor Retail
- Printer
- Real Estate
- Real Estate Investment
- Real Estate Portfolio
- Restaurant / Bar
- Retail
- Retail for Education
- Software
- Staffing
- Storage Tank Manufacturing
- Transportation
- Window Manufacturing
Case 204 - Cash Flow Coach™
Location : Texas | Industry : Community Newspaper
SITUATION
The Company primarily operates within the print media space, and management who was under no pressure to deploy a 13-week cash flow model, was proactive.
SOLUTION
Newpoint Advisors Corporation’s cash flow coach completed a 13-week cash flow model for the company.
RESULTS
The client was happy with the cash flow model and established it as its new operating standard.
Case 197 - Cash Flow Coach™
Location : California | Industry : Staffing
SITUATION
A fast-growing staffing company unable to monitor or control its cash flow caused its financing company's concern.
SOLUTION
Newpoint Advisors Corporation was able to provide a cash flow model and, at the request of the company, provided an analysis of its reporting issues.
RESULTS
The client adopted the Newpoint Advisors Corporation cash flow model and its recommendation for additional staff to support its growth.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 196 - 20-Day Proactive Assessment™ TAME™
Location : Michigan | Industry : Automotive Injection Molding
SITUATION
Company is a tool and dye manufacturing shop. The automotive industry comprises 75% of its sales, which have plummeted, and the company suffered a $1MM loss in 2019.
SOLUTION
Newpoint Advisors Corporation was asked to do a 20-day proactive assessment. Newpoint proposed a 100-day metric-based action plan, but the company declined. Newpoint Advisors Corporation proposed a refinancing which the client accepted.
RESULTS
Refinanced company successfully.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 183 - 20-Day Proactive Assessment™ TAME™
Location : Illinois | Industry : Farm Sundry Retailer
SITUATION
Due to a lack of management, the company sustained three years of losses. The company had no employee accountability, community outreach, poor inventory management, and dated merchandising strategies.
SOLUTION
Newpoint Advisors Corporation helped create a new internal communication strategy, KPI management, introduced a new merchandising strategy, price increases, and the creation of an employee accountability culture.
RESULTS
Company is solvent and looking to find a new banker to get larger working capital lines to facilitate growth.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 176 - 20-Day Proactive Assessment™ TAME™
Location : Pennsylvania | Industry : Window Manufacturing
SITUATION
Newpoint Advisors Corporation was engaged to help assess the company's viability due to the company reporting a loss for a few years and consistently asking for over-advances.
SOLUTION
Newpoint Advisors Corporation conducted a 20-day proactive assessment of the company and laid down a plan of action to help management navigate the situation.
RESULTS
Lender decided to liquidate the company after the state shut down as a result of COVID-19.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 169 - ABC
Location : Illinois | Industry : Outdoor Retail
SITUATION
An outdoor apparel/high-end hammock company with durable and well-received products is fighting with competitors' inferior products and lower costs. The partners are in dispute, and the majority owner's dad has a personal guarantee with the bank.
SOLUTION
Newpoint Advisors Corporation settled the partnership dispute and brokered the sale of the company.
RESULTS
The lender received full recovery.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 167 - Data Aggregation for Transactions
Location : California | Industry : Misc
SITUATION
A data management company was launching a new product. The company knew which market to target but did not know how to price it correctly to maximize profitability.
SOLUTION
Newpoint built a pricing strategy and execution model for the sales team to follow. The strategy included customer interviews to determine what problems they encountered with current market solutions and what they needed to switch. The new product was built around solving these problems and the messaging heavily communicated these solutions.
RESULTS
The new pricing was 15% higher than what they financially modeled based on the more in-depth understanding of why a customer would buy the new product.
Case 162 - 20-Day Proactive Assessment™ TAME™
Location : Ohio | Industry : Fitness Gym
SITUATION
Lender asked Newpoint Advisors Corporation to negotiate the best settlement for the lender on the loan they had on the company.
SOLUTION
Newpoint Advisors Corporation performed a 20-Day Proactive Assessment and recommended the lender sell all locations.
RESULTS
Lender negotiated with the company for a higher value for the note and got paid off.
JOBS SAVED
MONEY RETURNED TO FINANCER
$K
Case 161 - Financial Advisory
Location : Florida | Industry : Decedent's Estate
SITUATION
Executor of decedent's estate needed forensic accounting services.
SOLUTION
Newpoint Advisors Corporation engaged to analyze calculations of amounts due to beneficiaries.
RESULTS
Newpoint Advisors Corporation prepared calculations that were accepted by the courts.
Case 160 - Liquidation Agent
Location : Texas | Industry : Storage Tank Manufacturing
SITUATION
An oil services company in Texas that provides equipment to the oil fields was out of business due to oil patch fluctuations.
SOLUTION
In the oil field, Newpoint observed the inventory's condition and value for the final settlement with its senior lender.
RESULTS
Newpoint deployed a local resource within 24 hours to assess the inventory, provide comments on a better liquidation process, and obtain intel on potential collections from the owners.
Case 159 - Valuation
Location : Illinois | Industry : Fastener Manufacturer
SITUATION
The parent company wanted a strategy for selling the division.
SOLUTION
Newpoint Advisors Corporation provided a low-cost valuation based on industry and general comp values and provided structures that a possible buyer might find interesting.
RESULTS
The client used Newpoint Advisors Corporation's information to structure its sale with a friendly buyer.
MONEY RETURNED TO FINANCER
$MM
Case 157 -
Location : Illinois | Industry : Light Industrial Staffing
SITUATION
A fast-growing staffing company outgrew its ability to provide information to its asset-based lender.
SOLUTION
Newpoint Advisors Corporation was asked to bring their Cash Flow Coach program to provide an opportunity for better reporting. The client’s staff could not keep up with the new requests. The Cash Flow Model was ultimately not created, but material staffing issues were uncovered.
RESULTS
The client replaced staff as it expected an issue, but no cash flow model was produced.
Case 154 - ABC
Location : Illinois | Industry : Retail for Education
SITUATION
An educational teacher supply store with three locations could not keep up with the Amazons of the world. The company had too many locations and high expenses.
SOLUTION
Newpoint Advisors Corporation had to liquidate the company. The company was able to keep employees employed until after Christmas. The company had an out of business sale, and then the business was closed.
RESULTS
After liquidating the company, the lender recovered 50% of the loan value which exceeded expectations.
MONEY RETURNED TO FINANCER
$K
Case 153 - Corporate Finance
Location : Texas | Industry : Cyber Security
SITUATION
The bulk of a cyber security company was sold leaving a start-up team for a piece of new technology, the need for additional capital and an asset in the form of a litigation payout. The payout was not immediate and needed to be bridged.
SOLUTION
Newpoint Advisors Corporation found refinancing to solve to bridge working capital issues.
RESULTS
100% financing requested and found, and the company continues to be successful.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 148 - ABC
Location : Florida | Industry : Bike Store
SITUATION
A bicycle retailer with forty-three years of successful sales declined in the current retail environment and could not negotiate with its landlord for relief.
SOLUTION
Newpoint was asked to review the company and determined that an assignment for the benefit of creditors would be in the stakeholder's best interest.
RESULTS
Newpoint conducted an ABC under Florida law resulting in a higher than anticipated, but not 100% recovery for the senior lender.
Case 142 - 20-Day Proactive Assessment™ TAME™
Location : Illinois | Industry : Filmmaking
SITUATION
Independent film producer for museum industry had two years of poor results and lender was concerned about the viability of future production Solution: NAC conducted a 20-Day proactive Assessment and determined that the company was disorganized and resource-constrained. It had a viable product line and could be restructured successfully and refinanced at a later time.
SOLUTION
NAC conducted a 20-Day proactive Assessment and determined that the company was disorganized and resource-constrained. It had a viable product line and could be restructured successfully and refinanced at a later time.
RESULTS
The client was not willing to implement NAC changes. However, NAC was successful in restructuring the loans with its current lender.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 138 - Receivership
Location : Illinois | Industry : Real Estate
SITUATION
The borrower, taking money and proceeds from rent and using it towards other business ventures, defaulted on a loan.
SOLUTION
Newpoint Advisors Corporation was retained as receiver to secure and preserve collateral. Newpoint Advisors Corporation was able to clean up and secure premises.
RESULTS
Obtained rent and set up the sale for the bank.
MONEY RETURNED TO FINANCER
$MM
Case 137 - Receivership
Location : Illinois | Industry : Real Estate Portfolio
SITUATION
A real estate holding company was unable to pay its debt.
SOLUTION
Newpoint Advisors Corporation was able to preserve and secure the collateral. The bank and borrower reached a settlement, which resulted in a payout to the bank and a deed in lieu, which gave the bank the ability to sell the property and recover more of their loan value.
RESULTS
The borrower was released from delinquency in exchange for a payout, and the bank was able to liquidate the collateral and maximize more of the rent.
MONEY RETURNED TO FINANCER
$MM
Case 132 - Transaction Services
Location : Florida | Industry : Healthcare
SITUATION
A medical practice with two locations that did not have enough employees and was not billing enough to cover both locations. A reduction in sales caused an inability to pay the lender. The bank asked the company to liquidate and sell off the practice.
SOLUTION
Newpoint Advisors Corporation was engaged to complete the liquidation process.
RESULTS
The company was able to sell one of the practices, and the other practice was closed and liquidated.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 129 - 20-Day Proactive Assessment™ TAME™
Location : Florida | Industry : Printer
SITUATION
A printer with weak sales and a management mistake was interested in getting out of the bank, and the bank wanted the company to leave.
SOLUTION
Newpoint Advisors Corporation performed a 20-Day proactive assessment and completed its TAME analysis. The findings brought up operational opportunities that the company could execute effectively.
RESULTS
Successfully refinanced company, and the company turned a profit for the first time in 2 years.
JOBS SAVED
MONEY RETURNED TO FINANCER
$K
Case 128 - Cash Flow Coach™
Location : Illinois | Industry : Fire and Water Restoration
SITUATION
A small Midwest fire and water remediation company that also managed home reconstruction was acquired by second-generation owners who had overpaid for the business compared to its cash flow ability. The company was in severe financial fatigue and likely to liquidate soon.
SOLUTION
Newpoint deployed its Balance program to determine a path of viability for the business or strategic alternatives if it wasn't viable. The cash flow coach ultimately found that the company would need to be sold. The liquidation analysis showed that the bank would recover approximately $0.15 on the dollar. Newpoint found an alternative sales solution.
RESULTS
Newpoint was able to find value in the franchise rights that the company had for part of its business and was able to sell it to a competitor for a substantial premium that allowed the bank to exit with $0.70 on the dollar as a recovery.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 126 - 20-Day Proactive Assessment™ TAME™
Location : California | Industry : Transportation
SITUATION
A California and Illinois-based trucking company found themselves in trouble after California changed their employment law that affected Independent Consultants.
SOLUTION
Newpoint Advisors Corporation conducted a 20-Day proactive assessment to develop operational changes and refinance the company.
RESULTS
Management did not accept operational recommendations, but Newpoint Advisors Corporation refinanced the company, and the lender recovered 100%.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 125 - Receivership
Location : Illinois | Industry : Landscaping / Gardening Services
SITUATION
A company owned by feuding siblings caused the garden center to fail.
SOLUTION
Newpoint Advisors Corporation advised the siblings to settle and find a buyer for themselves or lose the business.
RESULTS
The siblings found a buyer for the company. The lender received 100% recovery.
JOBS SAVED
MONEY RETURNED TO FINANCER
$K
Case 123 - Extreme Accounting
Location : Illinois | Industry : Real Estate Investment
SITUATION
The company engaged Newpoint Advisors Corporation to help move their accounting to QuickBooks.
SOLUTION
Newpoint Advisors Corporation set up QuickBooks and trained the company's owner on the implementation of QuickBooks.
RESULTS
The owner of the company made a successful transition to QuickBooks.
JOBS SAVED
Case 122 - Cash Flow Coach™
Location : Massachusetts | Industry : Greeting Card Designer
SITUATION
A greeting card designer and printer company had long-term systemic losses and needed a plan for its lender to stay in business.
SOLUTION
Newpoint Advisors Corporation provided a cash flow launcher with a coach.
RESULTS
Newpoint Advisors Corporation provided a cash flow model allowing the lender and borrower to communicate, allowing the borrower to remain in his business.
JOBS SAVED
Case 121 - Liquidation Agent
Location : Illinois | Industry : Restaurant / Bar
SITUATION
The borrower broke a covenant of agreement by stopping payments to the bank). The company was suffering from deficient operations and a bad location.
SOLUTION
Newpoint Advisors Corporation was engaged to liquidate and sell the assets.
RESULTS
The borrower sold the franchise.
MONEY RETURNED TO FINANCER
$K
Case 120 - Financial Advisory
Location : Illinois | Industry : Retail
SITUATION
Company filed for bankruptcy and the trustee believed there to be fraudulent conveyances and insider preference payments.
SOLUTION
Newpoint Advisors Corporation was brought in to do a viability analysis for the client to determine if they have the financial wherewithal to settle or file for bankruptcy.
RESULTS
Newpoint Advisors Corporation provided the client with the results of the analysis as it related to a settlement. Counsel is working towards settlement.
MONEY RETURNED TO FINANCER
$MM
Case 118 - Cash Flow Coach™
Location : Illinois | Industry : Manufacturing
SITUATION
Candy manufacturers that had poor management with older owner who operated with
SOLUTION
NAC was brought into test viability of business and it was determined that business is best liquidated.
RESULTS
Company was liquidated.
MONEY RETURNED TO FINANCER
$K
Case 116 - Receivership
Location : Illinois | Industry : Real Estate
SITUATION
Outdated summer camp with horrible ownership.
SOLUTION
Newpoint Advisors Corporation was brought in to preserve and secure the collateral.
RESULTS
Newpoint Advisors Corporation shut down the business and liquidated its assets.
MONEY RETURNED TO FINANCER
$K
Case 114 - Cash Flow Coach™
Location : Michigan | Industry : Misc
SITUATION
A fast-growing staffing company was unable to monitor or control its cash flow causing concern for its financing company.
SOLUTION
Newpoint Advisors Corporation provided a 13-Week Cash Flow Model so that management and the lender could communicate about the company's liquidity needs
RESULTS
The company and lender developed a working relationship around the cash flow model.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 112 - Receivership
Location : Illinois | Industry : Real Estate
SITUATION
Newpoint Advisors was brought in due to a dispute among family members.
SOLUTION
Newpoint Advisors was brought in to sell or liquidate the company
RESULTS
Newpoint Advisors sold all assets.
JOBS SAVED
MONEY RETURNED TO FINANCER
$K
Case 111 - Receivership
Location : Iowa | Industry : Real Estate
SITUATION
Newpoint Advisors Corporation was brought in due to fraud.
SOLUTION
Newpoint Advisors Corporation was brought in to sell off everything.
RESULTS
Newpoint Advisors Corporation sold off everything.
MONEY RETURNED TO FINANCER
$MM
Case 110 - 20-Day Proactive Assessment™
SITUATION
A cross-border automotive supply company struggling with company communications, affected its cash flow and the relationship with the lender and customers.
SOLUTION
Newpoint Advisors Corporation provided a 13-Week Cash Flow Model so that management and the lender could communicate about the company's liquidity needs.
RESULTS
Within weeks of deployment, management had a cash flow model to improve communications which Newpoint was able to train management to use successfully.
JOBS SAVED
Case 109 - ABC
Location : Illinois | Industry : Misc
SITUATION
Company "got tired" wanted to shut the doors.
SOLUTION
Newpoint Advisors Corporation was brought in by recommendations from counsel to wind down operations.
RESULTS
Newpoint Advisors Corporation was able to wind down operations and paid off 100% of debtor.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 108 - 20-Day Proactive Assessment™
Location : Illinois | Industry : Staffing
SITUATION
A staffing company attempted to infiltrate a new market without doing due diligence or credit checks resulting in nonpayment for services rendered. The bank received quarterly reports from the client which included a write off of $1.5MM in AR.
SOLUTION
Newpoint Advisors Corporation was brought in by the bank to determine the company’s viability and the security of its position.
RESULTS
Newpoint Advisors Corporation successfully refinanced the company with a factoring company.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 107 - Cash Flow Coach™
Location : Illinois | Industry : Misc
SITUATION
The bank wanted to foreclose on a website developer that was trying to grow its business and lost money doing so.
SOLUTION
Newpoint Advisors Corporation was asked to put together a cash flow model to develop a successful wind-down plan using the Cash Flow Coach Bottom-Line program. Using the cash flow coach, the company was able to find several, previously unused sources of income which improved the winddown result.
RESULTS
The owner was able to cut his post winddown liability by 50% and sell certain elements of the business to a competitor.
JOBS SAVED
MONEY RETURNED TO FINANCER
$K
Case 106 - 20-Day Proactive Assessment™ TAME™
Location : California | Industry : Manufacturing
SITUATION
A fast-growing furniture manufacturer with multiple facilities had acquired an industry competitor, launched a new lamp company, and started purchases overseas for the first time in its history. The company used its working capital to fund all of these ventures, and the lender was preparing to liquidate the company, but management wanted to see if it could refinance.
SOLUTION
Newpoint Advisors Corporation provided a 20-Day and determined that the company needed equity to survive, but due to its complex and broken capital structure - which included unfunded deposits - the companies refinancing prospects were non-existent.
RESULTS
The company ended up going through a receivership and liquidation.
MONEY RETURNED TO FINANCER
$MM
Case 105 - Cash Flow Coach™
Location : Illinois | Industry : Healthcare
SITUATION
Small medical engineering products company had faltered in its sales plans which resulted in losses that were not acceptable to its lender.
SOLUTION
Newpoint deployed its Balance program to develop a cash flow model for management and executed the TAME review to determine action plans that management could perform to return to profitability. Newpoint helped the company find a new lender.
RESULTS
Newpoint successfully worked with management to change its profitability pattern and find a new lender. The company was not as successful in self-managing its own sales management turnaround and was still suffering from underperforming top-line growth.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 104 - Receivership
Location : Illinois | Industry : Restaurant / Bar
SITUATION
A restaurant owner defaulted on its note to the bank due to bad business operations and horrible location.
SOLUTION
Newpoint Advisors Corporation was brought in to shut down operations and work with the borrowers to find new financing.
RESULTS
Newpoint Advisors Corporation successfully found new financing and was able to pay the bank off in full
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 102 - Liquidation
Location : Illinois | Industry : Healthcare
SITUATION
The owner of the business died.
SOLUTION
Newpoint Advisors Corporation was brought in by the bank to liquidate.
RESULTS
The assets were sold, and the lender nearly par on loan
MONEY RETURNED TO FINANCER
$MM
Case 101 - Liquidation
Location : Illinois | Industry : Restaurant / Bar
SITUATION
A restaurant failed due to poor management.
SOLUTION
Newpoint Advisors Corporation was brought in by the bank to liquidate
RESULTS
Newpoint Advisors Corporation successfully found a buyer to take on the assets and pay the bank, securing double what the lender initially expected to recover.
MONEY RETURNED TO FINANCER
$K
Case 100 - Receivership
Location : Illinois | Industry : Misc
SITUATION
A facility that was a pharmacy, dental practice, and dry cleaners, owned by one family, defaulted on notes to bank.
SOLUTION
Newpoint Advisors Corporation was assigned as a receiver for all entities.
RESULTS
The client found money, paid bank in full, and no longer have loan with the bank.
JOBS SAVED
MONEY RETURNED TO FINANCER
$K
Case 097 - Receivership
Location : Illinois | Industry : Real Estate Investment
SITUATION
A borrower using money from good collateral debt to pay bad collateral debt, eventually caught up to him.
SOLUTION
Newpoint Advisors Corporation was brought in the find a new buyer for the company
RESULTS
Newpoint Advisors Corporation was able to find a buyer and bank was paid in full.
MONEY RETURNED TO FINANCER
$MM
Case 095 - Receivership
Location : Illinois | Industry : Misc
SITUATION
Private equity firm who lent out money for piece of real estate in which the borrower defaulted on its obligation and the lender foreclosed.
SOLUTION
Newpoint Advisors Corporation was put in as receiver.
RESULTS
After being retained for one week, borrower found money and was able to pay back the lender.
MONEY RETURNED TO FINANCER
$MM
Case 094 - ABC
Location : Illinois | Industry : Construction
SITUATION
A construction company was underbidding contracts and wrongfully using funds for other business operations, which caused the company’s inability to fulfill its obligations to the bank.
SOLUTION
Newpoint Advisors Corporation was retained to supervise the assignee’s selling of properties.
RESULTS
Newpoint Advisors Corporation was able to expose the fraudulent conveyance in which the bank sued the borrower and shut the company down.
MONEY RETURNED TO FINANCER
$K
Case 093 - Cash Flow Coach™
Location : Iowa | Industry : Automotive
SITUATION
A buyer had just recently acquired this long standing, but underperforming dealership. The buyer was not from the industry and was unable to make successful changes. The company was contemplating its strategy with its attorney, who brought in Newpoint Advisors Corporation to conduct a turnaround.
SOLUTION
Newpoint Advisors Corporation’s cash flow coach implemented as part of its assessment, the Balance Program and determined that the company was unable to make it through the off-season.
RESULTS
Due to a lack of resources, the company was liquidated.
MONEY RETURNED TO FINANCER
$K
Case 091 - Receivership
Location : Georgia | Industry : Retail
SITUATION
The secured lender for an auto loan portfolio suspected avoidable transfer prior to borrower dissolution.
SOLUTION
Newpoint Advisors Corporation provided forensic accounting services to analyze financial records of borrower and identify potential recoveries
RESULTS
Newpoint Advisors Corporation uncovered transactions with the owners that indicated some assets that allowed them to pay the lender back.
Case 090 - Cash Flow Coach™
Location : Virginia | Industry : Retail
SITUATION
Long time established regional shoe retailer was talked into an expansion in a neighboring town. The expansion failed, but the retailer was not able to exit due to the complex arrangement surrounding the expansion. Lender wanted monitoring of the cash flow and collateral of the company.
SOLUTION
Newpoint Advisors Corporation implemented its Cash Flow Coach™ which began effective monitoring with management team. This led to periodic discussions between the lender, Newpoint Advisors Corporation, and the borrower and ultimately creating a plan for the company to exit the lender.
RESULTS
The owner ultimately chose to find equity and successfully paid off the lender.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 089 - Cash Flow Coach™
Location : Illinois | Industry : Transportation
SITUATION
Trucking company that struggled with managing its employee and owner operator mixed fleet. Company had no metrics for measuring the business and was periodically losing money, forcing itself out of its currently banking relationship.
SOLUTION
Newpoint Advisors Corporation helped put together a cash flow model that helped the company forecast its operational needs. We attempted to help in implementing operational metrics.
RESULTS
The company adopted Newpoint Advisors Corporation 's cash flow model and began implementation of new systems on its own.
JOBS SAVED
MONEY RETURNED TO FINANCER
$K
Case 088 - 20-Day Proactive Assessment™ TAME™
Location : Illinois | Industry : Landscaping / Gardening Services
SITUATION
Situation: An established cut-flower distributor with multiple locations around the U.S. had absentee owner and antiquated financial and operational tracking systems.
SOLUTION
Newpoint Advisors Corporation conducted a viability assessment and determined that the company needed to shut down the un-profitable locations immediately and then put the rest of the company up for sale.
RESULTS
Management declined Newpoint Advisors Corporation's suggestions and ultimately liquidated for less value than they would have under Newpoint Advisors Corporation’s supervision.
Case 087 - 20-Day Proactive Assessment™ TAME™
Location : Illinois | Industry : Construction
SITUATION
Mid-sized floor contractor for large buildings that grew too fast and had made investments outside of the business using its working capital.
SOLUTION
Newpoint Advisors Corporation provided an assessment that showed how the company could reduce excessive headcount and put operational controls in place to enhance profitability. Newpoint Advisors Corporation also assisted the company in refinancing.
RESULTS
Management successfully implemented cost reductions, but not the operational control recommendations. Newpoint Advisors Corporation was able to refinance the difficult working capital portion of its capital structure, then Newpoint Advisors Corporation exited. Because of the lack of management control implementation, the company was unable to sustain its profitability and struggled with its additional refinancing solutions, costing it hundreds of thousands of dollars.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 086 - 20-Day Proactive Assessment™ TAME™
Location : Pennsylvania | Industry : Healthcare
SITUATION
An established pharmaceutical market research company using dated methodologies to render products lost money and shrank the top line.
SOLUTION
Newpoint Advisors Corporation provided a 20-day Assessment/TAME™ that showed the company’s management structure was not in control and that it had too many employees.
RESULTS
Management independently used Newpoint Advisors Corporation's recommendations to make change.
JOBS SAVED
Case 085 - ABC
Location : Illinois | Industry : Construction
SITUATION
A construction company defaulted on obligations to the bank by not collecting receivables in time, billing out jobs under costs, and not properly running business.
SOLUTION
Newpoint Advisors Corporation was retained to wind down the company and collect upon receivables.
RESULTS
Newpoint Advisors Corporation was able to salvage some collateral for the bank and successfully completed wind-down procedures of the company.
MONEY RETURNED TO FINANCER
$K
Case 084 - Receivership
Location : Illinois | Industry : Real Estate
SITUATION
A CPA firm that owned other businesses defaulted on the obligations of his debts to the bank.
SOLUTION
In order to negotiate a sale contract for the company's real estate that would allow the company to maintain its business operations with the CPA firm and radio business, the court appointed Newpoint Advisors Corporation.
RESULTS
Newpoint Advisors Corporation was able to successfully to sell the real estate, reorganize the accounting business, and keep the radio business.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 083 - Accounting
Location : Florida | Industry : Real Estate
SITUATION
Business Chapter 11 debtor in need of multiple monthly operating reports on short notice to avoid case dismissal.
SOLUTION
Newpoint Advisors Corporation prepared numerous monthly operating reports on short notice, avoiding case dismissal.
RESULTS
Subsequent Chap 11 Trustee appointed, and Newpoint Advisors Corporation-prepared monthly operating reports were relied upon by numerous interested parties.
Case 081 - Accounting
Location : Florida | Industry : Misc
SITUATION
Individual Chapter 11 debtor in need of multiple monthly operating reports on short notice to avoid case dismissal.
SOLUTION
Newpoint Advisors Corporation prepared numerous monthly operating reports on short notice, avoiding case dismissal
RESULTS
Subsequent Chapter 11 Trustee appointed, and Newpoint Advisors Corporation prepared monthly operating reports were relied upon by numerous interested parties.
Case 080 - Receivership
Location : Illinois | Industry : Real Estate
SITUATION
A fraudulent case in which a bucket truck company was pushing funds to a real estate holding co which was purchasing real estate. They needed to hire a receiver to preserve and secure the collateral.
SOLUTION
Newpoint Advisors Corporation retained as receive to preserve and secure the collateral; clean-out assets and sell.
RESULTS
Newpoint Advisors Corporation was able to sell all collateral/assets; bank received all net proceeds.
MONEY RETURNED TO FINANCER
$K
Case 079 - ABC
Location : Illinois | Industry : Healthcare
SITUATION
A doctor who had no ability to manage or operate business causing multiple partners to leave the business and sue the owner.
SOLUTION
Newpoint Advisors Corporation took over to liquidate the assets.
RESULTS
Newpoint Advisors Corporation took over and liquidated the assets providing the lender with 100% recovery.
MONEY RETURNED TO FINANCER
$MM
Case 078 - Receivership
Location : Illinois | Industry : Real Estate
SITUATION
Real estate property where a successful Illinois where a DEA raid had occurred resulting in the discovery $3MM in marijuana and $1MM in illegal fire arms in the bank's collateral.
SOLUTION
The bank hired Newpoint Advisors Corporation for mediation between the state attorney's office and the bank.
RESULTS
Newpoint Advisors Corporation was able to settle.
MONEY RETURNED TO FINANCER
$K
Case 077 - Cash Flow Coach™
Location : Florida | Industry : Automotive
SITUATION
A buy-here, pay-here subprime auto dealer had developed a unique niche in its market but was unable to control the losses associated with poor credit underwriting.
SOLUTION
After management made some initial changes, Newpoint Advisors Corporation’s cash flow coach helped determine a deeper set of changes and cuts that the company could take that returned the company to profitability.
RESULTS
The finance company asked that the company exit, and Newpoint Advisors Corporation prepared exit financing and a partial wind-down to the portfolio that recovered $3.6MM for the finance company.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 076 - 20-Day Proactive Assessment™ TAME™
Location : Illinois | Industry : Healthcare
SITUATION
A venture-backed growth company misunderstood its banking relationship and compounded it with poor communication.
SOLUTION
Having confirmed a cash flow plan and company viability, Newpoint Advisors Corporation successfully refinanced the company.
RESULTS
Bank was paid off in full and in a timely fashion.
JOBS SAVED
MONEY RETURNED TO FINANCER
$K
Case 075 - Receivership
Location : Illinois | Industry : Real Estate
SITUATION
Small town, single owner grocery store chain that could not compete with big box stores and was to be liquidated.
SOLUTION
NAC was the liquidate the supermarket items and sell and preserve the real estate
RESULTS
Newpoint Advisors Corporation was able to sell the name and other proponents of the company to a sibling and the business is currently being run by the new owner.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 074 - Liquidation
Location : Illinois | Industry : Retail
SITUATION
A family company owned since the 1940s were undercut on their prices by online retailers like Amazon.
SOLUTION
Newpoint Advisors Corporation was brought in to liquidate the assets and collect upon receivables.
RESULTS
Newpoint Advisors Corporation was able to sell the name and other proponents of the company to a sibling and the business is currently being run by the new owner.
JOBS SAVED
Case 073 - Liquidation
Location : Illinois | Industry : Real Estate
SITUATION
The owner of a nationally known car wash chain owned sub-par real estate and used real estate cash flow to fund the car wash business.
SOLUTION
Newpoint Advisors Corporation was retained to oversee the portfolio and manage the cash flow.
RESULTS
Newpoint Advisors Corporation was able to get the bank paid-out from a note sale. The bank is pursuing personal guarantee from borrower. The tenants were retained.
JOBS SAVED
MONEY RETURNED TO FINANCER
$K
Case 071 - Cash Flow Coach™
Location : Missouri | Industry : Construction
SITUATION
The company, an established construction company with new ownership, inflated the business's cost structure and was unable to become profitable.
SOLUTION
After conducting an assessment, the Newpoint Advisors Corporation Cash Flow Coach determined that the company needed to sell or liquidate.
RESULTS
The company was not able to sell, and Newpoint Advisors Corporation assisted in the client in a successful wind-down.
MONEY RETURNED TO FINANCER
$MM
Case 070 - 20-Day Proactive Assessment™ TAME™
Location : Arkansas | Industry : Misc
SITUATION
The company, an established mat manufacturer, was losing money because the market price of scrap goods dropped, and it was sitting on too much inventory and bad purchasing contracts.
SOLUTION
Newpoint Advisors Corporation helped the company put a turnaround plan in place, including financial discipline that allowed it to return to profitability and ultimately sell itself
RESULTS
The owner was able to sell the business without triggering any of his personal guarantees, pay the banks off, and was able to retain a contract for future income.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 069 - Receivership
Location : Illinois | Industry : Misc
SITUATION
The owner of the company was the guarantor of an insurance brokerage firm that defaulted on its loan obligations
SOLUTION
The bank pursued a guarantor and retained Newpoint Advisors Corporation to facilitate the sale of the company.
RESULTS
Newpoint Advisors Corporation sold the company and was able to retain every employee.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 068 - Liquidation
Location : Illinois | Industry : Transportation
SITUATION
An automotive dealership had $7MM in missing vehicles. The stakeholders suspected fraudulent activity.
SOLUTION
The lender hired Newpoint Advisors Corporation to expose the fraud and secure and preserve as many assets as possible.
RESULTS
The borrower filed for bankruptcy protection to prevent further exposure. Newpoint Advisors Corporation managed the winddown of assets and assisted the court with asset search and management.
MONEY RETURNED TO FINANCER
$MM
Case 067 - Liquidation
Location : Illinois | Industry : Transportation
SITUATION
The business owner died, and the landlord withheld company assets at a separate location and would not release them
SOLUTION
Newpoint Advisors Corporation was to sell the buses on behalf of the secured lender
RESULTS
The landlord is currently suing the bank and Newpoint Advisors Corporation is litigating the file
MONEY RETURNED TO FINANCER
$K
Case 065 - Interim Manager
Location : Illinois | Industry : Manufacturing
SITUATION
Concrete tube and foundation manufacturing that was losing market share and shrinking. One of the senior managers had purchased the business and was attempting a turnaround.
SOLUTION
Newpoint Advisors Corporation was asked to assist the new owner in organizing their turnaround plan and evaluating it for the banks comfort and/or exit.
RESULTS
Newpoint Advisors Corporation recommendations provided a bridge for the lender and owner to get comfortable and continue with their renewed relationship.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 066 - Extreme Accounting
Location : California | Industry : Construction
SITUATION
Home construction company that builds homes after being destroyed by fires has outgrown its accounting methods and could not report on project profitability or satisfy the other needs of the alternative lender.
SOLUTION
Using Newpoint's cash flow model and its extreme accounting services, we established accounting in project management metrics.
RESULTS
The client used Newpoint's system to create a monthly and project reporting process, which enabled them to remain with their current lender.
JOBS SAVED
MONEY RETURNED TO FINANCER
$K
Case 064 - Receivership
SITUATION
Couple owned military surplus store and opened a wine gambling center next door. Company was hit with large property and sales tax bill due to increase in tax rates. Company could not cash flow their bill.
SOLUTION
Newpoint Advisors Corporation liquidated the collateral for the purposes of paying back the bank.
RESULTS
After liquidation of collateral, the bank waived any deficiency.
MONEY RETURNED TO FINANCER
$K
Case 063 - Receivership
Location : Illinois | Industry : Real Estate
SITUATION
Newpoint Advisors Corporation was retained to mediate and lead the successful sale and transition of the bank’s collateral. Owner of real estate portfolio fled the country after '08 recessions and was not paying the bank back.
SOLUTION
Newpoint was retained to find the owner and help mediate and oversee the transition and sale of collateral for the benefit of both lender and borrower.
RESULTS
Newpoint Advisors Corporation successfully oversaw the sale of collateral
MONEY RETURNED TO FINANCER
$K
Case 062 - Cash Flow Coach™
Location : Illinois | Industry : Misc
SITUATION
Scrap Electronics Processor client needed a Cash Flow Coach™ and lacked the staff. CFO used Newpoint to build and develop a cash flow model.
SOLUTION
Newpoint implemented its Cash Flow Coach™
RESULTS
Management implemented the tool and trained staff on how to use it.
MONEY RETURNED TO FINANCER
$MM
Case 059 - Litigation Support
Location : Indiana | Industry : Healthcare
SITUATION
Doctor - Individual and business Chap 11 cases needing financial report to support Plan projections.
SOLUTION
Newpoint Advisors Corporation prepared report based on financial analysis in connection with the debtor's plan of reorganization and disclosure statement.
RESULTS
Newpoint report advanced settlement discussions with FDIC and confirming Plan.
JOBS SAVED
Case 058 - Bookkeeping Report
Location : Florida | Industry : Retail
SITUATION
Gymnasium - Chap 11 operating debtor in need of monthly operating reports
SOLUTION
Newpoint Advisors Corporation affordably prepared monthly operating reports in efforts to reach a confirmed Plan.
RESULTS
Case was dismissed due to debtor failure to comply.
Case 057 - 20-Day Proactive Assessment™ Extreme Accounting TAME™
Location : Illinois | Industry : Software Staffing
SITUATION
Staffing related engineering company that had high customer concentrations and a testing facility that was highly underutilized because their key customer had pulled back on projects.
SOLUTION
Newpoint Advisors Corporation made an assessment of the business that required changes in cost analytics. Management was slow to make changes and bank required the exit.
RESULTS
Newpoint successfully refinanced the company and ultimately went on to assume the CFO role and help the company improve its analytics through its Extreme Accounting program.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 056 - Fiduciary Services
Location : Illinois | Industry : Engineering
SITUATION
With a global HQ in Europe, this engineering for conveyers company was very successful, and the son of the owner wanted to expand in to the U.S. and did so but instantly failed because of the inability to find local, effective management.
SOLUTION
Newpoint Advisors Corporation was retained to wind down the operations of the company and find a successful bidder for the sale of the assets.
RESULTS
Newpoint Advisors Corporation completed a successful sale and the secured lender was paid in full. Unsecured lenders received partial distributions and landlord was able to take control of the property in a turn key situation.
MONEY RETURNED TO FINANCER
$K
Case 054 - Forensic Accounting
Location : Florida | Industry : Misc
SITUATION
Appliance Repair - Individual Chapter 13 debtor at end of plan needing reconciliation of mortgage and related amounts paid.
SOLUTION
Newpoint was asked to prepare reconciliations of mortgage and related amounts paid.
RESULTS
Newpoint did reconciliation and provided results to debtor and debtor's counsel providing clarity for stakeholders.
MONEY RETURNED TO FINANCER
$K
Case 052 - 20-Day Proactive Assessment™ TAME™
Location : Illinois | Industry : Manufacturing
SITUATION
Maker of commercial bags for hauling "bulk items". Company had losses stemming from market competition and pricing pressure.
SOLUTION
Newpoint Advisors Corporation was asked to only provide an assessment (TAME™) for a turnaround plan. Newpoint deployed its 20-Day Proactive Assessment and was able to make a handful of suggestions, including senior management’s need to get rid of some of its distractions that was keeping its focus from the business.
RESULTS
Management ultimately accepted the recommendations, made the changes, and reported greatly improved profitability.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 051 - Cash Flow Coach™
Location : Georgia | Industry : Retail
SITUATION
Small online retailer for dog products selling through Amazon. Amazon made a shift in its processing and they lost volume. They were financing the company through credit cards and fell behind. Without the credit cards, they could not continue to run the business. Newpoint Advisors Corporation was asked to assist in negotiations with credit card company.
SOLUTION
Client was unable to stay with the program.
RESULTS
Newpoint Advisors Corporation resigned, and the company folded.
JOBS SAVED
MONEY RETURNED TO FINANCER
$K
Case 030 - 20-Day Proactive Assessment™
Location : Georgia | Industry : Staffing
SITUATION
Newpoint Advisors Corporation was asked to assess the viability of this staffing company.
SOLUTION
Newpoint uncovered fraud and attempted to work with the finance company to repatriate its capital while the company tried to raise new capital.
RESULTS
The financier was able to recover 98% of its capital.
MONEY RETURNED TO FINANCER
$MM
Case 029 - Cash Flow Coach™
Location : Tennessee | Industry : Construction
SITUATION
Simple, small home construction company. Had cash flow issues around growth that is was not able to manage.
SOLUTION
Newpoint was brought in to do a cash flow assessment.
RESULTS
Newpoint completed a cash flow model for the client providing clarity for overcoming working capital issues.
JOBS SAVED
MONEY RETURNED TO FINANCER
$K
Case 028 - ABC Interim Management
Location : Illinois | Industry : Retail
SITUATION
Internet retailer who was dealing with litigation between owners while also managing a decline in the top line as a result of the Amazon phenomenon.
SOLUTION
Newpoint Advisors Corporation assumed the role of Interim Management, brought in new management to work on the top line, while attempting to clear excess inventory and asset management in data gathering around the lawsuit. Ultimately, industry trends proved to be too strong and the company needed to liquidate.
RESULTS
Company ultimately had to go out of business and was placed in an Assignment for the Benefit of Creditors.
MONEY RETURNED TO FINANCER
$K
Case 027 - Cash Flow Launcher™
Location : Illinois | Industry : Construction
SITUATION
Company was asked to review the cash flow plans for this Home contractor subcontractor, and it was determined that the owner lacked operational control of his business.
SOLUTION
Newpoint Advisors Corporation deployed its Cash Flow Launcher™ - Balance program to look deep into this company without spending a lot on the assessment. Newpoint determined the company needed equity and worked with the owner to sell the business.
RESULTS
Owner was able to sell the business and pay off the bank.
JOBS SAVED
MONEY RETURNED TO FINANCER
$K
Case 026 - TAME™
Location : Alabama | Industry : Automotive
SITUATION
This case was a towing and car repair service. While the operator was very good, he was unable to train or retain staff in either business.
SOLUTION
Newpoint Advisors Corporation came up with several recommendations, including simplifying the business.
RESULTS
Owner was able to pay his debts and simplify his business by selling the towing business and staying with the car repair business.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 025 - Liquidation
Location : Illinois | Industry : Automotive Engineering
SITUATION
Engineering company that developed powder coat paint systems for consumer goods in automotive parts. The company's receivables were extended too far due to a project that failed and the company did not cut costs soon enough when cash ran low.
SOLUTION
Newpoint Advisors Corporation was asked to refinance the company, however the company was too far gone for refinancing.
RESULTS
Newpoint Advisors Corporation assisted in the sale of the business, which was a success.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 023 - TAME™
Location : Illinois | Industry : Manufacturing
SITUATION
The custom converter company made used foam blocks (cut-to-form) for various retail products. They lost money because they had too much inventory at old prices and because of changes in commodity prices which had collapsed in the market.
SOLUTION
Newpoint Advisors Corporation was asked to come up with a better business plan for the company to survive the downturn in its industry.
RESULTS
Management reduced some inventory and engaged in modest cost reductions as a result of our recommendations. Management was unable to come up with a plan for additional sales (to reduce existing inventory). They were able to continue with their bank, but historical profitability did not return as a result of their half-measures.
JOBS SAVED
MONEY RETURNED TO FINANCER
$K
Case 021 - Turnaround
Location : Florida | Industry : Importer
SITUATION
B2B Importer company was distributor of wheel parts for tractor trucks. Company had missed forecast and sales volume was dropping and began losing money. They got to those surprises by having AR that was being written off (previously thought to be good receivables). Trust was out the door for the bank.
SOLUTION
Newpoint Advisors Corporation was asked to validate and improve managements forecasting ability. Newpoint Advisors Corporation was able to do that successfully with the management team, leading them to sell the business.
RESULTS
Business was sold successfully with a positive outcome.
JOBS SAVED
MONEY RETURNED TO FINANCER
$K
Case 020 - Turnaround
Location : Iowa | Industry : Fabrication
SITUATION
Metal fabrication company was struggling with profitability and although the company was growing, it was still losing money. Due to a poor operating and accounting system, management had no way to measure its results rendering the cost structure inoperable. It was also partially stalled because it is a union-based company.
SOLUTION
Newpoint Advisors Corporation got the company to make price adjustments and raise prices to increase margin. Newpoint was also able to give the client a recipe for building metrics to improve operations.
RESULTS
Company was able to raise profits on some products and exit unprofitable businesses lines.
JOBS SAVED
MONEY RETURNED TO FINANCER
$K
Case 019 - Sale
Location : Wisconsin | Industry : Manufacturing
SITUATION
Plastic injection molder in the bottle cap industry that had recently lost a significant customer due to its own bankruptcy. Management was made up of strong dye makers who never transitioned into understanding business.
SOLUTION
Newpoint Advisors Corporation was hired as condition of the Chapter 11 confirmation plan to assist management with its previously agreed-to plan. Newpoint had no part in putting that plan together
RESULTS
We immediately determined that the plan was flawed but the stakeholders did not want to go through another bankruptcy. Newpoint managed the operations of the Company and cut costs until it could be sold. Company was sold 11 months later in a successful multi-party auction.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 018 - Liquidation
Location : Illinois | Industry : Misc
SITUATION
Company who Newpoint had been referred to before but had been unsuccessful at meeting management. Previous consultants had been involved with Company on two occasions. Newpoint Advisors Corporation became the receiver for the company as assets were being sold (this was a previously established deal). Newpoint Advisors Corporation was to use the structured settlement from the sales and manage disbursements to the stakeholders - including negotiations with the IRS. Company's industry had changed dramatically in recent years and these changes had brought forth litigation. Newpoint Advisors Corporation managed over 60 lawsuits that had been filed against the company based on regulatory changes.
SOLUTION
Newpoint Advisors Corporation managed the litigation process to reduce the cost to increase the payout to the stakeholders.
RESULTS
Reduction in IRS claims and significant reduction in lawsuit claims to provide improved payout to stakeholders, as opposed to zero.
MONEY RETURNED TO FINANCER
$MM
Case 017 - Turnaround
Location : Illinois | Industry : Software
SITUATION
Small B2B software company, $2MM - big ambitions, but was losing money.
SOLUTION
Newpoint was able to go through an assessment process and show them where they were weak.
RESULTS
Management took recommendations and fixed the company and profitability. Saved in 14 days.
JOBS SAVED
MONEY RETURNED TO FINANCER
$K
Case 016 - Turnaround
Location : Illinois | Industry : Aerospace/Defense
SITUATION
Department of defense supplier for helicopter parts. Company fell behind on its deliveries with its customers (Tier 1 suppliers to Dept. of Defense). The bank became concerned and pulled the line of credit.
SOLUTION
Newpoint Advisors Corporation was asked to find a way to make deliveries and fix the Company’s operational issues. Customer's supported a turnaround plan that got the production schedule back on track within four weeks.
RESULTS
Within 60 days Newpoint had resolved the backlog and the Company was making a significant amount of profit. At this point, the customers’ demands were resolved, and the bank returned.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 010 - Refinance
Location : Illinois | Industry : Importer
SITUATION
This CPG Importer sold Christmas light testers. The Bank was concerned about Company profitability because of hyper seasonality combined with the fact that hadn't sold as much inventory as they had planned.
SOLUTION
Newpoint Advisors Corporation was asked to set up a cash flow model with management that showed the situation was not fatal and that the management team was good enough to manage through.
RESULTS
The banker continued to lend to company into the next season
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 009 - Refinance
Location : Illinois | Industry : Software
SITUATION
The ownership of this employee training software company had semi-retired and provided a new management team with complete freedom to run the company. New management had taken advantage of owner condition and had establish compensation for management that was far above its contribution.
SOLUTION
Newpoint Advisors Corporation was asked to help ownership re-organize management, fix the compensation structures, and set the Company on a path for growth.
RESULTS
New management was able to grow the company and ownership was able sell the business several years later for a very high return.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 008 - 20-Day Proactive Assessment™ TAME™
Location : Texas | Industry : Manufacturing
SITUATION
Highly leveraged private equity owned fiber glass manufacturing company where the owners had upset the bank (due to lack of guarantee on loans). Company was losing money due to being caught in price war with other competitors. Prior to Newpoint Advisors Corporation arrival, Company had set up new facility in Mexico, which it had never visited. Mistakes were made during the construction process that drained financial resources.
SOLUTION
20-Day Proactive Assessment that showed they were weak on working capital management. They had too much inventory, slow to collect on AR, and AP was being paid too fast/without planning. Newpoint Advisors Corporation was able to clean all of that up and gave management better working cash flow through cash flow management and help management find the right price increases and execute them.
RESULTS
Company stayed alive long enough to sell the weaker divisions and become very profitable with less revenue.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 006 - Turnaround
Location : California | Industry : Staffing
SITUATION
Company that owed the IRS millions of dollars and was unprofitable
SOLUTION
Newpoint Advisors Corporation helped the company reduce costs and find a financing source to help with liquidity in conjunction with Tax-Guard, who lead IRS negotiations.
RESULTS
Company was successfully refinanced, and IRS installment agreement put into place.
JOBS SAVED
Case 005 - Turnaround
Location : Indiana | Industry : Staffing
SITUATION
Newpoint Advisors Corporation was called in by factoring company to take on the CRO role while the company was sold. Company has millions of dollars in back taxes related to payroll.
SOLUTION
Newpoint Advisors Corporation found a way to consolidate critical aspects of operations and help facilitate a price increase resulting in the company’s most profitable year.
RESULTS
Owner went from owing IRS millions of dollars at sale, to paying off the taxes (in conjunction with Tax-Guard) and selling the business for millions of dollars - which he was able to keep.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM
Case 004 - Extreme Accounting
Location : Illinois | Industry : Healthcare
SITUATION
Hired to help the underperforming Client merge with another doctor so that the company could increase volume and become profitable. Newpoint helped the owners negotiate several different term sheets which led to the doctor becoming an employee but not an investor.
SOLUTION
Because of no investment, the company needed more financial advisory. In the meantime, the company's bookkeeper quit, and Newpoint Advisors Corporation was able to provide the bookkeeping services in addition to CFO skills. This helped the company avoid a liquidity crisis.
RESULTS
Company became profitable and remain independent with good relationship with lender.
JOBS SAVED
Case 001 - Sale
Location : Indiana | Industry : Manufacturing
SITUATION
Case 001 – Indiana - Off Road Manufacturing - Sale Company had multiple years of loss. Lender knew they were going to lose money and they needed to exit. Company had two divisions that needed to be sold.
SOLUTION
Newpoint hired as a receiver, while investment banker sold 1st division. Customers provided liquid during sale. Investment banker abandoned the 2nd division sale (deemed too small to deal with) while Newpoint continued with the process.
RESULTS
Newpoint sold 2nd division, saving more jobs and providing the bank 2 times the recovery on 2nd division.
JOBS SAVED
MONEY RETURNED TO FINANCER
$MM