This is a phenomenal opportunity to help grow the leader in the commercial loan modification industry.
Orlando, FL (PRWEB) December 20, 2011
Covendium, the nation’s largest debtor-side commercial debt restructuring and advocacy firm, welcomes Andy Belew as a Managing Director, responsible for all Debt Resolution strategy. Belew, a former partner at Hyde Park Capital Group, has specialized in distressed assets for more than two decades at companies such as OCWEN Financial and Carlton Advisors. He holds a degree in Business Administration from the University of Arizona.
“We are pleased to announce the hiring of Andy,” said Gregg Grauer, CEO of Covendium. “His expertise in distressed assets and debt negotiations is well known in our industry. When there is an opportunity to hire the best, you don’t have to think twice. We know we have the best in Andy.”
Covendium specializes in comprehensive commercial debt restructuring and resolution advisory services for entrepreneurs whose financial model has been compromised by unsustainable debt service payments. Covendium helps entrepreneurs restructure their business, avoid bankruptcy and refocus their attention from their debt to revenue growth. A full-service firm, Covendium also offers targeted business consulting and access to private capital for its clients. Covendium’s proprietary process combines detailed financial analysis and in-depth market knowledge with experienced professionals that have already negotiated successful resolutions for over $5 billion in client obligations.
“This is a phenomenal opportunity to help grow the leader in the commercial loan modification industry,” says Belew. “The tools, network and organization that Covendium has built are second to none. Covendium is the only full-service debt resolution firm, with the ability to not only help a client restructure their debt obligations, but right-size their business and have access to private capital when the banks are unwilling to provide much-needed capital.”
For more information about Andy Belew, or for information about any of Covendium’s products or services, call them at (407) 965-3535, or view them on the web at http://www.covendium.com.
Covendium specializes in comprehensive commercial debt resolution, restructuring and business consulting for clients whose financial model has been compromised by the economic downturn and the bank liquidity crisis.
For some clients, all they need is an experienced negotiator to provide their lender with the reality of the financial situation and the tool-set to restructure their obligations. For other clients, Covendium provides business consulting and access to non-bank funding sources.
Their team of professional advisors has successfully restructured billions in transactions, with dozens of banking institutions (including major national, regional and community banks) and over 30 separate non-bank financial counterparties.
Bad things happen to good people. Covendium is a premier national debt resolution firm that helps their clients with everything from commercial foreclosure to debt management to commercial debt restructuring to private debt placement.