Restructuring of liabilities

Sometimes, even successful companies can be hit by financial difficulties due to various external or internal circumstances.

Sooner or later, all businesses face challenges. Our dedicated team offers turnaround and restructuring advisory services to clients facing profitability and liquidity crises.

In a challenging business environment, any company can face market changes, declining profits, cash shortages or a management crisis. The challenge is to objectively understand your situation and quickly implement solutions that ensure survival. We work closely with companies to help them through this complex process called crisis management.


In today’s world, crises, big or small, happen quite often. Increases in raw material prices, or changes in supply chains, a drop in demand are just some of the crises that can affect the financial health of a company.

Often companies hope that the “bad period” will pass by itself, and sometimes it does, but more often than not, companies that do not adapt their business to the post-crisis environment end up as losers.

FinArt can help with our experience! Often we are so deep inside the process that we cannot see the right way out ourselves.

Advice on improving your company’s efficiency and liquidity.

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Sometimes, even successful companies can be hit by financial difficulties due to various external or internal circumstances.

FinArt can help restructure loans where the company’s financial problems are based on unfavourable or currently unenforceable loan terms.

Or, if the problems are general, help a company resolve transient solvency problems through a legal remedy process.

Under the Legal protection process (LPP), by using the methods allowed under the Insolvency Law (Maksātnespējas likums) (e.g. deferment of payment obligations, reorganisation, reduction or cancellation of principal, penalties or interest with the consent of creditors, etc.), it is possible to restructure debts to avoid bankruptcy and restore solvency in a short period of time. Any method is allowed under the TAP, provided that it is aimed at restoring the solvency of the LPP entity and does not restrict creditors’ rights more than is necessary for the successful implementation of the LPP plan.

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A company’s value to investors is determined by a number of factors, such as its market share and its market potential. However, one of the most important things investors look at is a company’s financial statements.

Our team’s experience and strategic vision will add value to your company.


The need for a business valuation can arise in a number of situations, including when considering whether to buy or sell a business, when planning to attract an investor, or when restructuring the capital of a business.

FinArt will determine the fair value of your company using the most appropriate valuation methods.

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It is often the case that the acquisition value of assets no longer corresponds to their market value, especially if they were acquired recently. A company may want to sell an asset to a related company, or may want to invest it in the equity of another company. In this case, a determination of the market value of the asset is required.

Our team will carry out asset valuations quickly and efficiently.

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Financial statements are not just accountants’ reports, they are more like a company’s health status documents in the eyes of investors.

Banks primarily look at this data when granting loans and partners’ lines of credit to suppliers.

Our specialists will analyze your company’s data and recommend making the necessary adjustments so that the company looks more valuable in the eyes of financiers.

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When starting a business, it is important to define its goals and development strategy. Some base their company’s rapid growth on the acquisition of already established companies, while others see that they have reached the ceiling of their company’s development. We can help in both cases by providing professional business advice.

Companies are sold, merged and acquired every day. For many entrepreneurs, it is a rare opportunity to get a significant amount of money – and financial security – by selling a company to a larger organization.

A successfully implemented sale, merger or acquisition of a company can bring significant benefits. However, when selling a company, making the wrong decisions can seriously harm your business and cause major financial losses. You can lose customer trust, sales volumes and even more.

Therefore, if you are buying or selling a company, you need expert advice, experienced representation and confidential support. Preparing to buy or sell a company can take several months to ensure the best possible sale price.


The company’s financial condition and development prospects are evaluated.

Consultation price by agreement.

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We help structure company finances to increase company value.

Consultation price by agreement.

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We negotiate with the other party to achieve the best possible price for our client.

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We help prepare the document package and coordinate processes with both parties involved

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If you would like to find out more about consultations or funding, please contact us.
We will find the most appropriate strategy for your business.
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