Financial and Accounting Consulting Services
Cayuga’s consultants are skilled in financial analysis of operations and debt/equity matters, performing fraud investigations, internal control reviews, accounting support, due diligence and investment analysis for hotels, resorts, restaurants or other hospitality businesses. Our experts bring experience, resources and strategies to benefit owners and operators.
Meet Our Financing Services Consultants
Jennifer Dohrmann-Alpert
Market & Financial Feasibility Studies
Dan Voellm
Asset Management & Valuations
Ken Edwards
Receivership, Asset Management, Training
Juliette Gust
Ethics, Compliance, Anti-Fraud
Walter O'Connell
Hotel Valuation & Cost Segregation
Kevin Doyle
Fraud Investigations & Prevention
Charles Oswald
Hotel & Asset Mgmt, Hotel Underwriting
Jeff Hope
Finance, Operations & Risk Management
Simon Turner
Expert Witness, Asset Mgmt, Transactions
Eric Rubino
Acquisitions/Investment/Deal Structuring
Gary Isenberg
Hotel Owner Advocacy & Development
Ted Torres
Development & Construction Management
Tom Lambrecht
Debt Restructuring, Loan Packaging
Financial Consulting Services
Cayuga’s financial advisory work spans independent operations, multi-unit and large mixed-use developments.
Working with owners to define their existing asset or purchasing goals, our experts embark on rigorous analysis of property and market dynamics, including reliable proformas and conclusions to add impact and value to an asset or support hotel asset valuation and pricing.
With the ability to coordinate comprehensive studies to establish educated assumptions for future potential, Cayuga’s financial consultants are also able to guide existing owners through refinancing, debt restructuring, hotel receivership and other hotel financing strategies.
Hospitality Accounting Consulting Services
Hospitality accounting services play a critical role in the success of hotels, restaurants, country clubs, catering businesses and more.
Hospitality business owners and operators have relied on Cayuga’s experts for their analytical skills and guidance with their accounting systems and controls.
Our accounting and financial consultants are able to analyze a hotel or restaurant’s performance against a plan and market conditions, create forecasts, and help senior management make tactical and strategic decisions. Accurate and timely evaluation of operating results prior to publishing annual reports for owners and investors can ensure all parties have confidence in year-end reports.
Governance and Investigative Services
Cayuga consultants respond to allegations involving accounting and financial irregularities, ethics and compliance issues and many types of occupational fraud unique to the hospitality industry. We address a variety of accounting and control issues, analyze and reconstruct books, perform investigative interviews, aide and assist with law enforcement for referrals for prosecution and recovery from insurance carriers.
We apply years of auditing and forensic experience in assisting owners and property managers in maintaining an effective governance model and provide services around reviewing and assessing the internal control policies and procedures and the execution thereon.
Debt Reconstruction
Debt restructuring is a financial strategy used in the hospitality industry to modify the terms of a company’s debt obligations, a loan for example, with high monthly payments and short-term maturity dates, to improve the entity’s liquidity, like cash flow, and meet debt service needs. Possible solutions could include lower monthly payments (through extended loan maturities), reduced interest rate (from debt arbitration), temporary deferment of principal payments, or loan consolidation.
Cayuga Hospitality’s debt restructuring service assists businesses, particularly those in troubled or distressed financial situations, to regain financial stability.
The Keys to Hospitality Debt Reconstruction
Businesses facing economic challenges or seeking growth opportunities may benefit from a structured debt restructuring program, customized plans to restructure business debt obligations and improve the feasibility of repayment.
Our approach to debt restructuring includes what is debt arbitration, or expert mediation between creditors and debtors to settle or modify terms, easing cash flow constraints.
Specialized in consulting designed to help companies manage and reorganize debts, Cayuga provides viable solutions that align with the long-term goals of your organization.
What are the steps included in debt restructuring?
A. Assess
A thorough analysis of your company’s financial health, debt obligations, and restructuring potential is the first step.
B. Strategize
Craft a customized plan, including debt collection arbitration, to alleviate financial burden/s and there energy to spend on improving experience and service.
C. Implement
The team coordinates with creditors to establish terms that meet debt service needs while supporting business continuity.
Whether you’re experiencing the first or final stage of reconfiguration does not affect your eligibility to connect with a professional guide who can step in from the beginning or just near the end to ensure an effective solution.
Who benefits from debt reconfiguration?
Businesses across sectors, especially those facing financial distress or pursuing new growth avenues, leverage debt reconfigurations to achieve financial stability. This service supports sustainable growth by enabling better debt management and improved financial agility.
The quality of your entity is surely not the only beneficiary of the debt reconfiguration process. There are at least seven additional parties which benefit from consulting with a hospitality finance coach.
I. Guest
With enhanced liquidity, the business can invest in upgrades to amenities, better customer service, or property improvements. Guests can expect a more reliable experience, as a financially stable business is less likely to cut corners or close its doors.
II. Creditor
With a higher likelihood of repayment, creditors avoid a potential default or the costly process of collections as your business meets its obligations, even if over a longer timeframe. The relationship is positively preserved, which can lead to future lending opportunities if necessary.
III. Employee
While less likely to face layoffs or reductions in hours, staff maintain their income, confidence, and job satisfaction. Once stable, consider delegating focus towards employee welfare, or additional service like Management Assessment to create a positive workplace culture.Â
IV. Local Community
A thriving hospitality facility contributes to local economic health. Tourists are attracted to its essence of health, generating local taxes, and supporting other businesses alongside its success.
V. Supplier and Service Provider
Debt restructuring is an opportune moment to realign with goals, including sustainability initiatives. As the business reviews commitments, there’s a natural opening to address objectives like waste reduction and resource management. By engaging suppliers and service providers in conversation, you can foster partnerships that support mutual goals.
VI. Hospitality Consultant
By facilitating solutions that help your hospitality business avoid bankruptcy, or more generally any operational cuts, a trained consultant hones stronger communications for sharing knowledge with you, your team, the network involved during a transaction, community of Cayuga Hospitality, and very likely friends and family along the way.
VII. Investor or Shareholder (if applicable)
Financial stability often increases the business’s valuation and reduces risk, providing investors with better returns and lower volatility.
I. Guest
With enhanced liquidity, the business can invest in upgrades to amenities, better customer service, or property improvements. Guests can expect a more reliable experience, as a financially stable business is less likely to cut corners or close its doors.
II. Creditor
With a higher likelihood of repayment, creditors avoid a potential default or the costly process of collections as your business meets its obligations, even if over a longer timeframe. The relationship is positively preserved, which can lead to future lending opportunities if necessary.
III. Employee
While less likely to face layoffs or reductions in hours, staff maintain their income, confidence, and job satisfaction. Once stable, consider delegating focus towards employee welfare, and creating a more positive workplace culture [internal linking].
IV. Local Community
A thriving hospitality facility contributes to local economic health. Tourists are attracted to its essence of health, generating local taxes, and supporting other businesses alongside its success.
V. Supplier and Service Provider
Debt restructuring is an opportune moment to realign with goals, including sustainability initiatives. As the business reviews commitments, there’s a natural opening to address objectives like waste reduction and resource management. By engaging suppliers and service providers in conversation, you can foster partnerships that support mutual goals.
VI. Hospitality Consultant
By facilitating solutions that help your hospitality business avoid bankruptcy, or more generally any operational cuts, a trained consultant hones stronger communications for sharing knowledge with you, your team, the network involved during a transaction, community of Cayuga Hospitality, and very likely friends and family along the way.
VII. Investor or Shareholder (if applicable)
Financial stability often increases the business’s valuation and reduces risk, providing investors with better returns and lower volatility.
From guests and employees to suppliers and the local community, each stakeholder plays a vital role in building a resilient and sustainable hospitality business. Debt restructuring opens doors not only to financial stability but also to growth, collaboration, and shared success. These partnerships drive positive change and strengthen every part of the ecosystem.
What is Loan Packaging?
Loan packaging is designed in the hospitality industry to help businesses effectively prepare and present financial credentials to/for lenders in understandable terms. Consider compiling relevant documents, budget and plans, and pro forma financial statements as part of the loan application process. Preparation enhances the chances of loan approval.
Two Components of Loan Packaging Services
In today’s competitive financial landscape, obtaining the right loan is essential for business growth and sustainability. Loan packaging services help businesses present a compelling, well-documented case to lenders, ultimately increasing their chances of approval. Cayuga’s approach to loan packaging is built around two essential components: Feasibility and Pro-Forma Budgeting Plans and Consulting for Debt Service Needs.
I. Feasibility and Pro-Forma Budgeting Plans
Prep detailed projections to demonstrate potential business outcomes and ROI, crucial for securing financial backing.
II. Consulting per Debt Service Needs
Cayuga advises your business on structuring loan terms that align with current and future cash flow, ensuring sustainable debt management.
Together, the steps encourage that businesses not only meet lender expectations, you’ll manage obligations aligned with cash flow and long-term objectives.
By guiding you through these essential components, we help set sustainable financial success, offering a comprehensive package that goes beyond loan acquisition to support sound financial planning and growth.
Steps in a Loan Packaging Process
A. Assess Funding Needs
Understanding the client’s financial requirements and matching them with feasible loan options.
B. Document Compilation
Gathering essential documents, including financial statements and business plans, which support the loan application.
C. Budget and Pro-Forma Statement Creation
Developing detailed budgets and forecasts to present the business’s potential.
Hospitality Loan Packaging
For the hospitality sector, we offer specialized loan packaging services that account for industry-specific needs, helping businesses secure financing for expansion, renovation, or debt refinancing. Our expertise includes structuring loans to suit seasonal cash flows and unique operational needs, ensuring tailored support for hospitality businesses.
