Category Archives: News

What Is A Special Asset Group Officer?

What is a Special Asset Group Officer? A Special Asset Group Officer, or SAG Officer, works for financial institutions to manage troubled assets. Typically, a SAG officer will be assigned by a bank to a business that has a loanRead More

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How to Save My Failing Business

In the business world, unexpected challenges can leave you reeling and cause you to ask: “How to save my failing business?” When cash flow becomes a crisis point for a business, the stress and emotional toll can be significant. MuchRead More

What to look for in a Business Turnaround Consultant

Business turnaround success stories happen more often than you may think. Naturally, if your business is in trouble, you’ll search for effective ways to fix it. But waiting until issues start to snowball can cause businesses to fail. Bringing inRead More

Ken Yager to speak on the Credit & Ops Forum

Newpoint President Ken Yager will speak on the Secured Finance Network’s Credit & Ops Forum. On April 7th, Ken will address optimizing credit and operations functions. During this conversation, he will discuss strategies to generate opportunities and overcome challenges. TheRead More

Ken Yager Featured In The Secured Lender

In the latest issue of The Secured Lender from SFNET, Newpoint President Ken Yager sat with Eileen Wubbe and talked about the Newpoint story and journey. From our founding nearly ten years ago to the new and exciting things aroundRead More

Newpoint Featured as a Great Place to Work

Newpoint Advisors Corporation featured in The Secured Lender’s Great Places to Work issue. At Newpoint we strive to not only put out only high-quality work but to also have the highest quality team preforming that work. Under the One-Team MindsetRead More

Ken Yager Defines Accrued Expenses

Recently Newpoint President Ken Yager was asked to write an article for the “Know Thy Numbers” series for Financial Poise. He wrote about the uncharted territories of accrued expenses, how they’re made, how they differ from accounts payable, and howRead More

Ken Yager Featured with On a Mission with Dr. Wendy Norfleet

Recently, Newpoint President Ken Yager was featured on “On a Mission,” A show that speaks with community leaders who are out to make a positive impact in the world around them. Newpoint Advisors positively changes the small business sector byRead More

Ken Yager Featured on abfjournal

“I realized that Newpoint was only going to come to fruition by leveraging technology to provide solutions to smaller distressed businesses. Specifically, those who cannot be serviced by traditional consulting firms.” -Ken Yager Read Full Article Here

Cheat Sheet: Inventory Questions for Uncertain Times

You worry about managing a business – it goes with the territory. And if you operate a business in today’s environment, it’s safe to say that you are worrying about things you never worried about before. Supply chain shocks, customerRead More


NOTICE OF ASSIGNEE’S SALE OF ASSETS OF DIGITAL GOLF TECHNOLOGIES, INC. D/B/A SWING KING PLEASE TAKE NOTICE that on Wednesday, June 22, 2022 @ 10:30 a.m. (CT), live via ZOOM, Matthew Brash, not individually but solely in his capacity asRead More

Brash Proves Subchapter V Model Works

CHICAGO (DATE TBD) – On the eve of the nation’s largest gathering of Bankruptcy Trustees which includes the newly appointed d Subchapter V Bankruptcy trustees, Newpoint Advisors Corporation congratulated Senior Managing Director Matthew Brash and Senior Managing Director Tim StoneRead More

Tales from the Front: Restructuring Case Studies

August 5, 2021 4PM – 5:30 PM EST Join TMA Detroit as we go in-depth on two restructuring case studies with four seasoned turnaround professionals. Listen and learn how successful restructuring was achieved in a Chapter 5 bankruptcy and inRead More

TMA Distressed Investing Conference

As an Imagination Sponsor for the Turnaround Management Association, we are pleased to announce that Ken Yager will be moderating Chapter 11 and Subchapter V- A Means to a [Dealmaking] End or Just the End? at this year’s Distressed InvestingRead More

Cash Flow Management in the New Normal featuring Ken Yager

We are living through unprecedented times of abrupt and major change. No one is unaffected by the rippling effects of this pandemic and the economic repercussions. Essentially, every business is now in transition, dealing with new and unexpected challenges. FurloughedRead More

Webinar with Dare Capital Featuring Ken Yager

Register here for a live discussion with Ken Yager on Tuesday May 26, 2020 at 1pm (CST). How do you rescue a failing company? Where do you start? Ken Yager and his company Newpoint Advisors do this every day –Read More

Newpoint Advisor’s Nan Kreamer to participate in TMA Town Hall

Federal programs have been created to help distressed businesses, but navigating the landscape of available resources isn’t easy. Join our next TMA Town Hall on April 22 to learn more about federal, state, and private resources, and who has beenRead More

Park Your Optimism

A big part of being a business leader means being an optimist. But there are times when you need to park your optimism. This is one of them. An asset-based lender told me this week that getting some of hisRead More

Gibraltar Steps In To Support Home Furnishings Company’s Turnaround

Gibraltar Business Capital prides itself on working closely with other financial and business professionals to help their clients gain financial security and build a foundation for future growth. A turnaround consultant called in Gibraltar when his client’s bank proved lessRead More

Leadership Series: Growth Mismanagement with Ken Yager

In a recent interview, Ken Yager, President, and founder of Newpoint Advisors offered his observations on growth mismanagement in lower-middle-market companies, from his perspective as a turnaround advisor.  What Are Some Common Signs That Trouble Is Brewing?“The companies that callRead More

When Can You Afford to Hire A Team?

Ken Yager contributed to this article for Monster Jobs. If you do decide to bring on new people and are unsure about your ability to take on a full-time person, consider doing so gradually. Hire a part-time person for threeRead More

Video – Who is Newpoint Advisors?

Watch the video below to understand more about who Newpoint Advisors is and how we help business owners. Are you a small or medium sized business owner, facing significant cash flow issues and have run out of options for moreRead More

Indispensable Secrets For Small Business Turnarounds

Published in ABL Advisor – Indispensable Secrets For Small Business Turnarounds addresses 10 Key business factors that distressed small companies must address – all energy must first be dedicated towards identifying the core issues driving current challenges and then towardsRead More

Financial Poise Articles – Webinar

Financial Poise™ has one objective: to provide credible, simple English business, financial and legal education for individual investors, entrepreneurs, and other private business owners. Newpoint Advisors shares this mission. Our goal is to save small businesses and that begins withRead More

TAME the Cash Flow Beast

Green Industry Pros featured NewPoint Advisors’ TAME™ and Cash Flow Launcher™ as tools to “TAME the cash flow beast.” The tools TAME™ and Cash Flow Launcher™, help million-dollar businesses get their arms around cash flow with 13-week projections, excel-based workbooksRead More

Everyday Finance Tips for Small Business Owners

Ken Yager contributed to this article for Quicken. While historical data is vital for keeping your budget on a firm foundation, it’s not going to tell the whole story for this month or the months to come, especially if yourRead More

Community Banks Hopeful as Lawmakers Target Financial Rules

Ken Yager contributed to this article for the Chicago Tribune. “I need someone I can talk to who can understand the dynamics of a small business,” says Ken Yager, who owns Newpoint Advisors, a Schaumburg, Illinois-based consulting firm. “With aRead More

How To Design an (Almost) Foolproof Cash-Flow Plan

Ken Yager contributed to this article for American Express. Strive for 5 percent liquidity in your cash-flow plan. After you make payroll and pay your bills, you may want to strive to have more than 5 percent of your weeklyRead More

What’s the Future of Banking?

Ken Yager contributed to this article for Future of Everything While digital banking may help with that from a cost perspective there are some elements of business support that we have to be careful about. The biggest risk for businessesRead More

Playing Workout Roulette: Some Rules to Remember

Unfortunately, there is no exact blueprint to working out a loan or lease collateralized by equipment. And as your client spins the roulette wheel with equipment usage, there are a number of ways the business can affect your collateral andRead More

WGN Radio

WGN’s Voice of Chicago Innovation, looks for innovators that have set out to re-shape entire industries. Newpoint Advisors Corp, a Chicago-based company devoted to bringing big Corp turnaround help to SMBs everywhere, was the guest. Founder Ken Yager was askedRead More

Which is Better? Invoice Factoring or the MCA Lenders?

Ken Yager contributed to this article for the Commercial Finance Association. It would appear that MCAs are maturing into their position in the finance world. As they do that, it would appear that mostly the rules of the wild westRead More

Insight Into Banking

Ken Yager contributed to this article for the Foresight for Development. While digital banking may help with that from a cost perspective there are some elements of business support that we have to be careful about. The biggest risk forRead More

A Unique Vision… Not Thinking Small By Any Means

When Ken Yager and his associates introduced the turnaround management company Newpoint Advisors Corporation, he did so with the aim of targeting small to lower middle-market companies in a time-efficient and cost-effective manner. But by no means was he thinkingRead More