Financial Restructuring
EPS Investing provides financial restructuring advisory to improve cash flow, optimize working capital, and realign debt and capital structures to strengthen financial resilience and business performance.
We work directly with business owners to identify priorities, develop practical solutions and support implementation in line with each business’s circumstances and resources.
A Stronger Financial Foundation for Sustainable Growth
Higher revenue and profitability do not always translate into stronger cash flow. Capital may be tied up in receivables, inventory or investments that have yet to generate adequate returns. Rising financing costs, concentrated debt maturities and expansion beyond available funding capacity can place pressure on day-to-day operations.
Even a growing and profitable business benefits from reviewing its financial structure to ensure that funding matches operating needs, growth plans and an acceptable level of risk.
EPS starts with actual cash flow, capital efficiency, financial obligations and the business’s capacity to generate cash. Each engagement addresses defined priorities, from a specific financial bottleneck to a broader restructuring programme when justified.
Scope of Financial Restructuring Advisory
Depending on the business’s circumstances and objectives, EPS can focus on one priority or combine several areas of support:
- Cash flow and liquidity management: assess operating cash flows, collection and payment cycles, and financial obligations; improve cash forecasting, cash planning and liquidity visibility.
- Working capital optimization: review receivables, payables, inventory and the cash conversion cycle; identify the causes of trapped working capital and develop practical improvement measures.
- Debt and financial obligation restructuring: assess outstanding debt, maturities, interest costs, security arrangements and debt-servicing capacity; evaluate repayment rescheduling, tenor adjustments or revised financing terms, and support discussions with relevant parties when authorized.
- Capital structure and financing mix: examine the balance between equity, debt and funding requirements; develop options to realign capital sources with cost, risk and growth objectives.
- Financial planning and capital efficiency: assess profitability, asset utilization and returns on capital; develop forecasts, financial scenarios and resource allocation plans aligned with business priorities.
- Management reporting and financial controls: improve performance indicators, budgets, cash flow reports and control processes so business owners can make better-informed financial decisions.
Where appropriate, the outcomes are measured through indicators such as operating cash flow, days sales outstanding, inventory turnover, working capital requirements, financing costs and debt-service capacity.
When Should a Business Consider Financial Restructuring?
Financial restructuring is relevant before a crisis arises. A review of the financial structure may create value when:
- Sales are increasing, but cash collections lag, creating recurring funding gaps for orders and daily operations.
- Receivables and inventory are growing, tying up working capital and increasing reliance on short-term borrowing.
- Debt maturities and repayment schedules are not well aligned with the cash generated by operations.
- Interest expenses or other financial obligations are affecting margins and limiting financial flexibility.
- The business is expanding, but its capital structure and financial plan have not kept pace.
- The business owner lacks reliable cash flow forecasts or timely information to evaluate funding and capital allocation decisions.
- Capital remains tied up in underperforming assets, investments or business activities.
EPS works directly with the business owner to assess urgency, improvement potential and a realistic scope of work before an engagement begins.
From Financial Analysis to an Actionable Plan
A financial plan creates value when it reflects how the business operates and can be put into practice. EPS combines financial analysis with hands-on management experience to identify causes, establish priorities and support execution.
- Assess the current position: review cash flow, receivables, payables, inventory, borrowings, payment obligations, profitability and key assumptions.
- Identify causes and quantify impact: distinguish issues arising from the business model, working capital processes, debt structure or funding mix; assess financial effects where reliable data is available.
- Develop practical options: evaluate alternatives, cash flow scenarios, cost implications and risks, then establish an implementable plan.
- Support implementation: work with the business owner, finance team and relevant parties to carry out the agreed measures.
- Monitor and refine: compare actual financial performance with the plan, update forecasts and adjust actions when needed.
Scope, deliverables, responsibilities and timelines are agreed in advance. Changes involving lenders, creditors or other counterparties remain subject to their review and consent.
Start with a Priority Issue. Expand When Needed.
Engagements can be structured to match the complexity of the issues and the resources available to the business.
Focused Financial Review
Assess a defined issue such as cash forecasting, working capital, debt obligations or capital structure. Deliverables include key findings, underlying causes and recommended priorities for improvement.
Financial Restructuring Plan
Evaluate scenarios and develop a restructuring plan for the agreed scope, with defined objectives, performance measures, responsibilities and implementation milestones.
Implementation and Performance Monitoring
Support the business owner and designated team in carrying out agreed changes, coordinate with relevant parties where appropriate and assess the impact against financial performance indicators.
Financial and Operational Issues Are Often Connected
Financial pressures can stem from operating practices, including customer credit terms, acceptance and invoicing processes, inventory management, spending approvals and unclear cross-functional responsibilities.
Where necessary, EPS can draw on its Operational Restructuring capabilities to redesign relevant management and operating processes. Technology, AI and automation may be applied when they improve the quality of information, reduce manual work or strengthen control.
Financial Restructuring and Operational Restructuring can be delivered as separate services or combined under an agreed scope of work.
Lead Advisor
Le Trung Nam
CEO, EPS Investing
Le Trung Nam has over 25 years of experience in corporate finance, investment, management and restructuring. He has held senior roles including CFO, CEO, Chairman and Board Member at businesses across industrial, construction and investment sectors.
His experience at SCIC, Steel Builder and C47 informs an approach that considers financial challenges alongside business operations, management capacity and practical execution.
He holds a Bachelor’s degree in Corporate Finance and Accounting and a Master’s degree in Economics from the University of Economics Ho Chi Minh City (UEH). He attended the Fulbright Economics Teaching Program (FETP) and participated in innovation and business management training programmes in Finland and Germany.
Discuss Your Business’s Financial Priorities
Is your business facing pressure on cash flow, working capital or debt repayments? Or are you preparing to strengthen your financial position ahead of the next phase of growth? Tell us about your priority so we can discuss a suitable advisory scope.