CFO Systems was brought in to tackle a precarious financial situation, having helped the company with smaller financial issues in the past. Working closely with both leasing and bank partners, CFO Systems was able to fully fund a $3.5 million transaction within tight time constraints. Multiple funding options were produced for the equipment and creative credit enhancements suggested by CFO Systems helped solve an accounts receivable issue.
This financing allowed the company to continue its operations and avoid the discomfort of reorganization. All existing investor issues were resolved and all lenders were able to leave the transaction without suffering a loss, allowing our client to maintain the strong reputation it had built over its 25 years in the community.