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Interim CFO, Part Time CFO Services, Accounting Support, Temporary CFO, Accounting Bookkeeping Services

Charlotte · Raleigh – Durham · Chapel Hill · Triad · Southern Pines · Coastal Carolina
Closing the GAAP to Scale Your Business
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919-230-4667
Scale Finance, LLC, Financing, North Myrtle Beach, SC
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Scale Finance Closes Growth Financing for Celerity

Celerity, a SONA USA INC. company is dedicated to installation and service of high-speed internet and television systems for multi-resident properties in Southeast Florida. The Company’s core focus is installing reliable and high-speed fiber optic based systems in many multi-tenant properties in the region. The Company manages its own Internet Service Provider, in-house technicians to handle the installation, as well as service technicians to respond quickly to any customer issues that may arise.

Scale Finance provides CFO and advisory services to a key strategic partner of Celerity who is investing in the Company’s growth through project financing. SF’s Managing Directors Gerhard Renner and Dave Gilroy are also individual investors.

As an add-on service, the Company also installs and manages video installations for satellite TV – such as Dish Network and DirecTV. These providers subsidize Celerity with respect to the cost of the programming – which Celerity recoups by charging the apartment complex under contract.

Celerity contracts with multi-tenant dwelling units (MDU) to provide high speed internet services as well as video connectivity to the buildings.  Celerity enters into a long-term agreement (typically 5 years, guaranteed) with the building’s Homeowner’s Association to provide a basic programming package of 25 mbps as well as 120 channels of Dish Network (or DirecTV) for a combined price of $33.99 per unit (internet + Dish), making it highly affordable for the tenants on a monthly basis.

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Knowledge Bank

How to Handle a Bank’s Rejection of Your Loan Request

Accessing University IP – Negotiating Financial & Other Terms

Why VCs Sometimes Push Companies to Burn Cash Too Fast

7 Steps for New Business Owners

Basic Benefits of Starting a Business in North Carolina

Finance & Accounting 101 for New Small Company Owners

Accounting Fraud – Common Causes and How to Stop It

Why 80% of Court Judgments Go Uncollected

7 Steps for Early Stage Fundraising from a VC

Foreign Exchange Management Under Volatile Conditions

Lessons Learned from the EIDL / PPP Trenches

Cash Management Plan – 2020 Economic Crisis

Is Your CFO Any Good? 4 Point Checklist

What Happens When Deals Die

How to Handle a Bank’s Rejection of Your Loan Request

Susceptibility to Accounting Fraud for Medical Businesses

Bankruptcy Relief for Small Companies Coming Soon

New Rules for Overtime Pay take Effect January 2020

The 5 Worst Things You Can Say to a Venture Capitalist

Incentive Stock Options Versus Nonqualified Stock Options

Explore the Knowledge Bank…

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Recent News

SF Client Impact Financial Systems (IFS) Acquired by iPipeline

Scale Finance Assists TrueLearn with Investment by LLR Partners

Scale Finance Assists Textum Weaving with Investment by Quad-C

Scale Finance Closes Debt Financing for Horizon Eye Care

Scale Finance Closes Acquisition of Horsepower Site Services by MCG Civil

Scale Finance Closes Growth Financing for Celerity

Scale Finance Advises on Acquisition of Reliant Transport

Scale Finance Closes $20 Million ABL Financing for TRA

SF Client TruPoint Partners Acquired by Ncontracts

Scale Finance Advises on Debt Financing for Alpha Waste Industries, Inc.

Scale Finance Closes $7M Senior Debt for Travel Resorts of America

Scale Finance Closes Acquisition of Raleigh Metal Recycling by Elite Waste Services

Scale Finance Advises on Debt Financing for Pediatric Advanced Therapy

Scale Finance Closes Growth Equity Investment for Better Car People LLC

Scale Finance Closes Sale of Cayden Security to SCE Group

SF Client EarthKind Secures Growth Investment

Scale Finance Advises AMTdirect on Strategic Growth Investment

More News…

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Media

Scale Finance Managing Director Dave Gilroy interviewed on WSIC Radio (local Fox affiliate)

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Securities and offering services through Charles Towne Securities, LLC. Members FINRA and SIPC.