Broad Street Capital Markets Group
Financial Statement Restoration Bond
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Through a related entity, Broad Street has developed a unique and proprietary financial product, the "PNMA Financial Statement Restoration Bond" ("FSRB") that can restore a Financial Statement of a Company to healthy fiscal austerity and improve its profitability in a remarkably and relatively short period of time. There are many benefits to the Financial Institution that acquires the Financial Statement Restoration Bond.
The Financial Statement Restoration Bond is designed to add Tier-I Capital Assets to the Balance Sheet while simultaneously removing unwanted dollar-for-dollar liabilities from the Balance Sheet in the form of Real Estate Owned (REO) or Non-Performing Assets.
The Financial Statement Restoration process starts when the ailing Company requires tangible, realistic and fundamental corrections to their Balance Sheet and Financial Statement in order to improve Liquidity, Profitability and Regulatory Capital requirements. These ailing Balance Sheets and Financial Statements may be caused by a variety of conditions such as economic downturns and unexpected loan losses or expectedly large casualty and liability claims and are ideal for the Financial Statement Restoration Bond.