Don't Let Bad Debt Kill Your M&A Deals
As a business broker or M&A advisor, your commission depends on closing transactions. Yet, some of your best listings and prospective deals stall out for one reason: an overleveraged balance sheet.
The Stalled Buyer
A qualified buyer wants the business, but traditional lenders won't touch the debt stack (MCAs, tax liens, vendor arrears, or junior notes).
The Unsellable Business
A business owner with great revenue and core operations approaches you to sell, but their debt load exceeds enterprise value, making it impossible to list.
The Deal-Breaker Audit
Quality of Earnings (QofE) or lender due diligence uncovers hidden off-balance-sheet liabilities that threaten to scuttle the deal at the 11th hour.
Turnaround Firm converts these dead leads and stalled deals into closed transactions.
We act as your behind-the-scenes restructuring partner, restructuring liabilities and settling debt so you can bring the business to market, or get your buyer across the finish line.
Why Business Brokers Partner With Us
Earn Lucrative Referral Fees
We offer a structured, compliant referral fee program. When you refer a distressed business or an overleveraged M&A prospect to Turnaround Firm, you earn a referral fee upon the successful settlement and completion of our work. Turn cold leads into revenue streams.
Save Your Struggling M&A Commissions
Instead of walking away from a client whose debt destroys their deal math, bring us in. We clean up the debt, negotiate discounted payoffs with creditors, and restore the business to bankable status, allowing you to collect your full M&A commission upon closing.
100% Success-Fee Structure = Zero Risk to Your Client
We work entirely on a success-fee basis. If we don't successfully restructure the business's debt and meet the target terms required to make the deal go through, the client owes us nothing. There is zero financial risk to your referral.
Protect Your Reputation & Seller Relationships
Recommending a reliable workout specialist positions you as a high-value advisor who solves complex problems. We handle all debt negotiations with extreme discretion and professionalism, keeping seller dynamics smooth and deal momentum intact.
Three Ways We Help Brokers Close More Deals
Making “Unsellable” Businesses Listable
We reduce debt load to create positive equity so you can list.
When debt exceeds the asking price, a sale is impossible. We negotiate aggressive creditor discounts to bring total debt well below market valuation, creating seller equity and making the business listable.
Clearing Debt Hurdles Pre-Closing
We settle target company debt pre-closing so your buyer gets funded.
When a buyer's lender demands balance sheet cleanup as a condition of financing, we step in during escrow. We secure binding settlement releases with MCAs, vendors, and junior lenders so the lender funds and the deal closes.
Long-Term Value Creation
We restructure the business today so it becomes sellable in 6–12 months.
For business owners who aren't ready to sell today because debt is choking their cash flow, we restructure their liabilities now. Once stabilized, they return to you as a high-margin, clean listing down the road.
How Our Broker Referral Program Works
Simple Referral
Introduce us to your distressed seller or overleveraged prospect via email or phone.
Free Case Evaluation
We conduct a confidential debt analysis to determine if we can restructure the balance sheet to meet deal requirements.
Execution (100% Success-Based)
We negotiate directly with creditors to obtain legally binding debt-discount agreements and lien releases.
You Get Paid
Upon successful completion and settlement, we disburse your referral fee immediately.
Start Monetizing Your Distressed Pipeline Today
Stop letting debt stackers, MCAs, and vendor liabilities kill your commissions. Partner with Turnaround Firm to protect your deal pipeline and open up a new revenue stream for your brokerage. Have a deal in jeopardy or an unsellable listing?