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.
###
Marty Koenig
Top 14 benefits of the Small Biz Jobs Act
I read the whole
thing so you don't have to
Marty Koenig and Keith McAslan
Six
key questions to ask before hiring a CFO: part 1
How do you
know you really need one?
Six
key questions to ask before hiring a CFO: part 2
Do they
have 25+ years of experience?
Six key questions to ask before hiring a CFO: part 3
The
last three
Keith McAslan
The secret successful CEOs know
Who's your right hand?
CFO vs.
Controller/Accountant/Bookkeeper
Establishing
business credit: part 1
It's about
more than just paying bills
Establishing
business credit: part 2
The seven steps to success
George Tyler
How
the right business alliances can double your sales
And the wrong ones can cost you
How
to track sales success: part 1
Why it's so crucial to your
bottom line
How
to track sales success: part 2
Match your selling cycle to
customer buying cycles
How
to track sales success: part 3
Listen to your customers and
learn
Mark Francischetti
Emerging
growth opportunities: part 1
There's been a silver lining to
those economic storm clouds
Emerging
growth opportunities: part 2
Careful strategic planning is key
The layer cake of sales knowledge
Love that icing!