Situation:

This Florida client has been a natural gas supplier in New York since 1999 and was referred to us by an investment banker. The client says it best:

“Our choices of financing were quite limited as we had negative equity and never made a profit. Although we were troubled at the time, we had a good business model. John Fox and his team were willing to be creative, and moved very rapidly to put together a financing package." -Doug Marcille, Director, CEO, and President

Solution:

“They put together a very creative and flexible program. It was a very unique $12 million hybrid deal, which operated as a revolver, based on our assets." -Marcille

Results:

The Company has grown at over 250% since 2004, from revenues of $3 million in 2004 to in excess of $70 million in 2009.

"We were able to have high growth because of creative financing and we are now with a tier one lender. We were graciously handed off once we graduated." -Marcille