The global credit crisis has left many small, medium and even multinational companies faced with internal financial crisis as they try and sure-up the value of their assets, release liquidity as banks reduce their cash lines and look to the future by starving off further decline by assessing real growth areas. However an increasing number of borrowers are failing to meet their loan obligations. Bankers lending to such troubled borrowers are often faced with a dilemma: enforcing liquidation which can provide certainty of a short term return but which can involve a significant loss of principal, or giving the borrower more time which adds yet more uncertainty to a risky recovery process. In tough liquidity conditions, such as today's global credit crunch, credit professionals are required to quickly identify what is causing borrowers problems and provide the most appropriate and cost effective financing solution. Such solutions can be unique to the sector in which the company operates and specialist knowledge may be required regarding leverage buyouts, corporate loan workouts and particularly immediate organisational financial restructuring. Access to credit and knowledge of how to implement relevant 'credit' strategies will be the key determining factor as to which companies survive this crisis.