Whether due to the real estate crash of the mid 2000’s or the recent pandemic, a situation where revenue cannot support operating expenses and debt is a daunting place to be.  As we have seen over the years, market fluctuations and economic shifts can be sudden, leaving your business with an excessive amount of debt that seems near impossible to manage.

If you have at least $1 million in corporate and/or commercial real estate debt, you need PHD Financial now.  We have been successfully reducing and refinancing clients’ corporate, commercial real estate, and SBA debt for more than 30 years.  We can significantly

  • Lower your payments
  • Extend terms
  • Reduce principal
  • Reduce interest rates

At PHD Financial, we urge companies facing financial challenges to avoid the temptation of filing bankruptcy.  Bankruptcy is rarely a solution that helps companies reorganize and grow; or expand. Much more significant- and positive- results can be achieved with debt restructure.

Here are just some of the business categories we work with to help turn things around with a debt restructure plan or refinancing-

  • Hotel/Motel
  • Retail Centers
  • Office Buildings
  • Family Amusement Centers
  • Senior Living Facilities
  • Gas Stations
  • Salons & Day Spas
  • Medical Buildings & Practices
  • Self Storage
  • Pet Care & Veterinary
  • Restaurants
  • Franchises
  • Apartments & Multifamily
  • Gyms & Fitness Centers
  • Golf Courses

So, whether you own a retail center, commercial office building, multifamily apartments, hotel or motel, or any commercial business that is in default or behind on loan payments, PHD Financial can help.  

PHD Financial has strong relationships with lenders and the SBA, giving us leverage to successfully negotiate on your behalf.  We thoroughly assess your specific financial situation; and work with your creditors and vendors to find a balanced solution. This may involve a combination of commercial debt restructuring and new or refinancing. We design affordable debt repayment plans to meet the approval and satisfaction of all parties involved.

Contact us to discover how commercial debt restructure can offer you a better solution, and put your business back on track for growth.


Here are just a few examples of successful debt restructure, reduction or refinance transactions we have done for clients.


Structured a purchase of both properties’ 1st position notes for a combined discount of $660,000.

Negotiated a $200,000 payoff of the $1,240,000 SBA second mortgage on the Super 8 (with release of collateral and personal guarantees), resulting in combined savings of $1,700,000.

Saved $1,000,000 on first mortgage of $2,000,000 by negotiating a discount note purchase with
arranged take out financing.

Negotiated a discounted payoff of two restaurants that were in default and closed.
One was discounted $104,000, and the other was discounted $54.000, for a total savings of $158,000; and the complete settlement of all personal liability on the loans.


Found a buyer for the company and negotiated relinquishment from personal guarantees on the mortgage and FF&E.

Organized the short sale. Negotiated discounted payoffs of the outstanding 1st and 2nd mortgages, for $46,900 and $652,000 respectively, for a total savings of $698,000; and a full release of all partners’ personal guarantees.

Prevented foreclosure and achieved debt reduction $450,000. Negotiated refund of more than $100,000
In bank overcharges.


Saved $1,250,000 by discounted pay-off of original first mortgage balance of $3,300,000.

Reduced interest rate from 26.99% to 0%   with payment plan for remaining balance of a working capital loan. Modified the second position mortgage, reducing the payment from $5,950 to $1,000 for 12 months, resulting in more than $150,000 in savings to the borrower.

Saved $700,000 on SBA 504 by offer in compromise on original balance of $1,000,000.


Have all your financial paperwork in order

PHD Financial will need to determine what course of action to take with your situation. We will need the business’s prior two years’ P&L, balance sheet and the guarantor’s personal financial statement.

From this information we can determine whether you are a viable candidate for restructuring before we take you on as a client.

Preserve enough liquidity
for the task

A prerequisite to successful restructuring is having enough liquidity (cash) to carry through the restructure. If you wait too long to begin the process and drain yourself of cash and available credit, a successful restructure becomes more difficult.

Your debt restructure professionals- and in some instances your lenders – will need to be paid retainers, appraisal and legal fees.



Commercial debt restructuring isn’t only about eliminating debt. It is also about finding new sources of commercial financing to help your business grow. With the help of our experts, businesses that were once in financial turmoil have been able to raise the capital they needed, focusing on expansion rather than trying to solve their fiscal dilemmas.

By maintaining open lines of communication–as opposed to rushing to bankruptcy– we are able to resolve your financial problems while maintaining your business relationships and credibility.

Leave all communications with creditors to PHD Financial

Throughout the restructure process, you can count on PHD Financial to deal with all of your creditors so you can focus on running your business. Key to the process, is the client directing all communications with the lender to PHD Financial so that we can negotiate on your behalf. Your trust and confidence in our method will result in a successful outcome for you.