Case study · Manufacturing
Manufacturer under forbearance: rebuilt 13-week cash, secured a lender extension
13-week
cash flow stood up and run weekly through the workout
The situation
A covenant breach put the company into a lender workout. The bank wanted weekly cash visibility and a credible plan; the founder had neither the time nor a finance function built for that pressure.
The intervention
Dustin led this engagement personally. What he did:
- Built a receipts-and-disbursements 13-week cash flow from the books in the first week
- Assembled a lender-ready package: forecast, covenant bridge, and a clear narrative of the plan
- Ran weekly cash and covenant updates the bank could rely on
- Supported the forbearance negotiation with the analysis behind amended terms
The outcome
The lender extended forbearance on amended terms, the company held liquidity through the critical period, and the relationship with the bank moved from adversarial to managed.
The relevant service
Turnaround & Distressed CFOFor the rooms where the bank is already on the phone — forbearance, covenant breach, restructuring. This is the work most fractional shops never touch.
Anonymized and drawn from the founder’s track record. Named, attributable references are available on request under NDA.