Turnaround & Restructuring

Restore control when liquidity compresses and timelines shorten, in or out of court.

Overview

Small businesses rarely fail due to a lack of effort. They fail when liquidity tightens, leverage strains, and reactive decisions compound risk. When margins compress and lenders apply pressure, timing determines outcomes.

Fortis Business Advisors restores control at moments of financial inflection. We establish decision-grade clarity around liquidity, capital structure, and stakeholder leverage, then coordinate the structural adjustments required to stabilize the enterprise. Our experience includes supporting SBA 7(a) and 504 lenders in distressed portfolio situations where guarantor exposure, collateral coverage, and timing discipline are critical.

This is structured leadership grounded in real operating environments. Whether navigating lender workouts, covenant exposure, Subchapter V proceedings, or accelerated asset monetization, our role is to preserve optionality while reducing pressure.

We focus on the financial drivers that determine stability:

13-Week Cash Flow Discipline
Capital Stack Mapping and Lender Positioning
Borrowing Base and Collateral Alignment
Working Capital Containment and Asset Optimization
Structured Creditor Communication and Negotiation

Key Areas of Expertise

Structured stabilization, lender-aligned repositioning, and disciplined execution for small businesses under financial pressure.

Liquidity & Cash Flow Control

13-Week Cash Flow Discipline

Runway Analysis & Extension Planning

Borrowing Base & Collateral Review

Cash Controls & Variance Management

Capital & Creditor Alignment

Lender Workout Coordination

Capital Stack Repositioning

Covenant Exposure & Compliance Strategy

Stakeholder Negotiation Support

Operational Stabilization

Cost Structure Realignment

Asset & Inventory Monetization Strategy

Margin Containment & Working Capital Reset

Controlled Wind-Down or Recovery Sequencing

Risk & Court Advisory

Risk Assessment & Mitigation

Subchapter V & Chapter 11 Advisory Support

Business Valuation Support & Analysis

Expert Witness Services

Results

Approach

The Fortis Stabilization Framework

Fortis operates through a structured three-phase process designed to restore control and protect enterprise value as financial pressure intensifies. When liquidity tightens, timing determines outcomes. Our role is to create clarity early, reposition deliberately, and execute with discipline.

Phase I — Diagnostic Control

Stabilization begins with clarity.

We establish a decision-grade understanding of liquidity, capital structure, collateral coverage, and stakeholder leverage. This includes 13-week cash flow modeling, capital stack mapping, covenant exposure review, and lender posture assessment.

Control begins with three questions:

How much time is available?
Who has leverage?
What decisions cannot wait?

Without diagnostic control, execution becomes reactive.

Phase II — Structural Repositioning

With clarity established, we reposition the structure.

We coordinate negotiated workouts, refinancing readiness, capital stack adjustments, operational corrections, and stakeholder alignment to stabilize the enterprise. The objective is to reduce pressure while preserving optionality.

This phase often includes:

Liquidity runway extension
Capital restructuring scenarios
Cost structure realignment
Borrowing base and collateral alignment
Lender and investor coordination

Repositioning is not cosmetic. It is structural and capital-driven.

Phase III — Execution Discipline

When action is required, we implement sequenced turnaround initiatives, asset monetization strategies, controlled wind-down planning, or recovery optimization with measurable objectives and oversight.

Execution discipline ensures:

Decisions are made deliberately, not defensively
Stakeholders remain aligned
Capital leakage is minimized
Enterprise value is preserved where possible.

Clarity without execution fails.

Execution without structure accelerates loss.

This phase integrates both.

Court & Subchapter V Support

When out-of-court stabilization is insufficient, Fortis provides advisory support in formal restructuring proceedings, including Subchapter V, Chapter 11, and related restructuring proceedings.

We serve as restructuring advisors or Chief Restructuring Officers (CRO), supporting owners, lenders, trustees, and counsel through:

Court-ready 13-week cash flow reporting
Plan feasibility modeling and liquidity validation
Borrowing base and collateral analysis
Asset monetization and recovery sequencing
Stakeholder coordination across lenders, trustees, and counsel
Expert analysis and testimony support where required.

Subchapter V can provide a controlled path to reposition viable small businesses. Our role is to ensure the operational and financial foundation supports that path.

Court is not the objective. Stability is.