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Scale FinanceScale Finance Logo, Interim CFO, Part Time CFO Services, Accounting Support, Temporary CFO, Accounting Bookkeeping Services

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

Can Accountants Value a Business?

Personal Guarantees – Should You Grant One?

10 Pieces of Advice When Someone Wants to Buy Your Company

Convertible Note Financing – Payback Time

Due Diligence Fiasco – A Look Back at HP-Autonomy

Applying for Business Loans – Hard Credit Checks

Understanding the True Cost of Employee Turnover

How to Think About Valuation When Raising Venture Capital

What it Takes to Shift to a Recurring Revenue Model in Hardware & Software

Differences Between Major SBA Loan Programs – SBA 7(a) vs. SBA 504

5 Reasons Entrepreneurs Don’t Get Funded (Which Are Not Their Fault)

Balancing Profitability Versus Growth

Bootstrapping Your SaaS Business – What’s Changing

Best Options for Small Company Loans

Loan Workouts – Understanding Various Options

How to Value a Fintech Startup

The Value of Angel Investors

Finance & Accounting 101 for New Small Company Owners

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

Accessing University IP – Negotiating Financial & Other Terms

Explore the Knowledge Bank…

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Recent News

Scale Finance Advises on Acquisition of Falcone Crawl Space & Structural Repair

Congrats to Payzer for Closing $23 Million Equity Financing

SF Client Headbands of Hope Closes Strategic Growth Investment

SF Assists Semper Investment Company in Acquisition of ACM Removal

SF Client SentryOne Acquired by SolarWinds (NYSE: SWI)

Scale Finance Assists GPM with Acquisition by Netsmart

SF Client Broadstep Behavioral Health Continues National Growth Through Acquisitions

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.

More News…

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Media

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

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Entrepreneurial Tips

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