Your company is six weeks from breaching a covenant. The board doesn't know yet.

Renegotiate quietly firstTell the board now

The Tender TakeCross-industry

The lender relationship is workable, but the sequence matters. Do you preserve negotiating room first, or bring the board in now?

At stake

The wrong sequence could cost the company leverage when it needs it most.

DebtBoard communication

Make the call before experience weighs in.