CxO To Go Secures Financing for Two Clients

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CxO To Go Secures Financing for Two Clients

We secured favorable financing for two CxO To Go clients in this difficult lending environment. Using our BankSell™ package.

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Jul 13

2010

CxO To Go Secures Financing for Two Clients

Posted by: Marty Koenig on Jul 13, 2010

Tagged in: parttime cfo , debt financing , colorado cfo , CFO , cash flow , business planning , business growth , business funding , budgeting , bank proposal , bank loan , bank financing , 2010 budget

FOR IMMEDIATE RELEASE:
CxO To Go Secures Financing for Two Clients
DENVER, Colorado (July 13, 2010) – CxO To Go partner Keith McAslan (Denver Business Journal 2010 CFO of the Year Nominee) has secured favorable financing for two CxO To Go clients in this difficult lending environment. Using the BankSell™ package, preferred lending sources and personally representing the Client’s with the lenders, CxO To Go was able to secure the financing. These successful Client’s include:
A manufacturing client was not only able to renew their $500,000 line of credit with the lender but secured an increase to $700,000. This client secured the initial line of credit one year ago with the assistance of CxO To Go to fund growth and expansion initiatives. By working with CxO To Go as the Trusted Advisor to the CEO on an on going basis this client has increased revenues from $2.5M annually to over $3.5M and improved profitability and cash flow.
A virtual business (internet based and executive coaching) Client of CxO To Go was able to close on an unsecured line of credit with a lender to fund new product development and provide liquidity due to seasonality in the business. Additionally, CxO To Go has been the part time CFO for this Client for over one year, helping to drive strategy and improved financial results.
CxO To Go is national professional services company headquartered in Denver, Colorado that provides on-demand C-Level expertise and best practices to client companies on a part time, flexible, and affordable basis. Contact CxO To Go at 888-745-8516, or This e-mail address is being protected from spambots. You need JavaScript enabled to view it to discuss your business needs. ###

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