Information is needed immediately to renew credit line.
Our client:A $25 million HVAC manufacturers rep that quickly expanded operations to take advantage of market opportunities ran into financial problems and faced the possible elimination of a $250,000 line of credit.
Our solutions: Within 2 weeks, Remote Controller® constructed a 5-year financial analysis and 2-year monthly projection of income and cash flow. We produced and delivered a presentation to the bank showing how the company would return to profitability within 1 year. The bank renewed the credit line (which was later paid off), the company beat its performance goals, and five years later its owners sold the company at a premium.