Advising a Tubing and Casing Manufacturer with Revenue of $120 million in national sales. When a tubing and casing manufacturer in the oil field service industry found itself in violation of its loan covenants, the company hired MCA Financial Group to improve its collateral position and operations. The lender,...
Read More
Investigating material loan defaults and potential fraud. The asset-based lender to an $80MM multi-location Buy-Here / Pay-Here auto dealerships and related finance companies engaged MCA Financial to investigate material loan defaults and potential fraud. It was discovered that the company had been repeatedly falsifying its borrowing base, drawing millions...
Read More