TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
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The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
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It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
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It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
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A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
February 20, 2024
Source: Businesswire
National turnaround firm going through growth spurt, credits senior staff
BOSTON--(BUSINESS WIRE)--New England Consulting Partners, a national turnaround management firm headquartered in Boston, today announced two senior-level promotions in conjunction with the company’s recent expansion into new industries and geographies, including Europe.
Cynthia Jevons, who has served as an NECP turnaround advisor since 2004, and Beth Fiore, who has been with the firm since 2006, have been promoted to Principal.
“These promotions are well-deserved acknowledgements of the roles these two remarkable women have served for several years,” stated Tom Desmond, Founder and Managing Partner. “Both Cindy and Beth consistently win the trust and confidence of the lenders who refer their customers to us and the customers themselves.” Desmond went on to say that in an industry that relies heavily on word-of-mouth recommendations, the reputational value that Jevons and Fiore have created has driven the firm’s recent growth spurt.
Founded in 2001, NECP originally focused on family-owned manufacturing businesses in New England struggling to survive economic downturns and recessions, industry obsolescence or fiscal mismanagement. Slowly but surely over the next 10 years, NECP became known for its cash flow management approach that “zeroes in on the invisible” to discover where the underlying financial and operational issues lie. It also quickly identifies and prioritizes remedial actions that will have the most immediate and substantive impact on a company’s ailing finances. Equally important, Desmond and his team understand what lenders need to see and hear to greenlight a turnaround strategy.
In 2003, NECP Principal Theodore Tzafaroglou opened an office in Detroit, primarily to support manufacturers and service providers to the automotive industry. More recently, NECP expanded into Dallas and Boca Raton, Fla. In 2023, NECP opened its newest location in Poznan, Poland, bringing its universally applicable approach to Europe, as well.
New England Consulting Partners has worked with clients in such industries as manufacturing, construction, distribution, technology, healthcare, e-commerce, telecom and retail.
About New England Consulting Partners
Founded in 2001 by Thomas Desmond, New England Consulting Partners is a turnaround management firm with offices throughout the U.S. and in Europe. The firm provides strategic and tactical services that bring financial stability to middle market companies in distress. Typically referred to its customers by banks, NECP has successfully saved hundreds of companies and thousands of jobs across a wide variety of industries. See neconsultingpartners.com.
Contacts
Dawn Ringel, Incenter Marketing
617-285-0652 or dawn.ringel@incenterls.com

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