Barry Kornfeld is a Principal and Commercial Finance Consultant at Value Capital Funding, a niche firm in the financial services industry that specializes in debt restructuring. Based in Palm Beach, Florida, over the course of his career, he has amassed over 30 years of comprehensive experience and in-depth knowledge of finance and various commercial finance transactions.
Barry, along with his wife, Ferne, and his brother, realized that there was a large and unfortunate gap within the commercial finance marketplace. Many companies and businesses were seeking solutions to their debt, only to be pointed by others towards more and more debt. Given the amount of money such businesses had already borrowed, their loan applications were often declined, leaving them back at square one.
Barry Kornfeld and his partners realized that what these businesses and companies were actually looking for was a way to restructure their debt—not accrue more. As such, they began reaching out to specialized restructuring partners and lenders, working towards the ability to specialize in debt restructuring since the market so desperately needed it. With his background in finance, Barry is able to apply his analytical skills to help consult with businesses plagued with too much debt. Instead of working with individuals, he is now working exclusively with businesses to first help them secure affordable financing, but if they are not qualified, then to help them by showing the benefits of restructuring their unsupportable business debt. For Barry, it was a natural and necessary offshoot.
To learn more about Barry Kornfeld and his insight into debt restructuring, make sure to check out his blog!
The Importance of Supporting Family-Owned Businesses | Barry Kornfeld
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