Solas Finance’s team has over 15 years’ experience in servicing loans. Once we acquire or fund a new loan we require regular contact with the borrower, and we monitor closely that the turn-around is well on track. We try to work-out the loans so that the borrower is able to turn-around, and we try to restructure the obligations to reposition non-performing loans in such a way that they can be met by the borrower. We are familiar with Canadian collection, foreclosure and bankruptcy laws that apply where a restructure is not possible.