Risk & Capital Advisory
Rebuilt the funding plan for a mid-market manufacturer ahead of a three-plant expansion, protecting liquidity while the investment program ran.
Results at a glance
$38M
Added liquidity headroom
12
Downside scenarios tested
3
Funding phases for the expansion
Back to Case Studies
Engagement details
Client
Northstar Manufacturing
Industry
Industrial Manufacturing
Service
Risk & Capital Advisory
Company size
Mid-market, 1,200 employees
Engagement length
14 weeks
01 The challenge
Input costs were rising just as Northstar committed to three new plants. Debt capacity, covenant headroom and investment timing sat in separate spreadsheets, and leadership could not see how a downside year would affect the plan.
02 Our approach
A three-stage engagement that moved from a clean baseline to a funding plan the board could approve and monitor.
01
Baseline the balance sheet
Consolidated debt, leases and working capital into one liquidity model and mapped covenant headroom by quarter.
02
Stress-test the plan
Ran twelve downside scenarios on input costs, demand and interest rates to find where the expansion plan broke.
03
Redesign the funding roadmap
Re-sequenced capital spending into three funded phases, each with a clear trigger for releasing the next tranche.
03 The results
Northstar secured added liquidity headroom, committed to a phased investment plan and now reviews covenant and cash position every month using a standing governance pack.
LET’S TALK
Prefer email?
hello@northcastfinancial.com
FAQS
Frequently Asked Questions
Everything you need to know about working with Northcast Financial.
What types of organizations do you work with?
We advise ambitious organizations across industries, from founder-led businesses to large enterprises in banking, insurance, asset management, healthcare and industrials. Most clients are finance leaders facing a significant decision about capital, risk or performance.
How does an engagement work?
We begin with a short financial diagnostic to understand your situation and agree the questions that matter most. We then build a clear plan, work alongside your finance team to carry it out, and track results against agreed targets.
What makes Northcast Financial different?
We are partner-led and deliberately small. Senior advisors do the work, we stay practical, and we measure ourselves by the financial outcomes you achieve, not the volume of reports we produce.
Will you work with our internal team?
Yes. We embed with your finance and leadership teams, transfer models and tools as we go, and leave your people able to sustain the improvements after we step back.
How long does it take to see results?
A diagnostic typically takes three to four weeks. Most clients see early gains in cash, cost or reporting quality within the first quarter, with deeper structural improvements building over the following months.
Still have questions?
GET IN TOUCH
Northcast Financial
Clear financial strategy for complex decisions, turning capital into results you can measure.