The Bubble Has Burst, The Downturn Is Here

The country's Turnaround Management Association has hundreds of dedicated, well-trained Certified Turnaround Professionals who are dedicated to corporate renewal and helping distressed companies return to a healthy economic footing. In a recent article, Mr. J. Scott Victor, Senior Managing Director, Special Situations Group, National City Capital Markets presents a compelling case describing that the liquidity bubble has burst and an economic downturn is indeed here.

As the liquidity crunch tightens, many businesses will need Certified Turnaround Professionals to help guide them through the difficult times ahead. Major restructuring may be needed and financial restructuring is often a major part of the process. Unfortunately, many forms of working capital acquistion become limited during an economic downturn. Companies like Sun Capital HealthCare, Inc., Boca Raton, Florida, offer an alternative form of working capital called Medical Accounts Receivable Funding.