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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

Mitigating Risk for Small Companies – How to Best Leverage Your Attorney

How Small Companies Are Experimenting with Cryptocurrency Applications – Cardano Example

Hiring a Startup CFO – When to Hire a CFO & Why You Need One

Owner Financing of Small Companies – Debt or Equity Considerations

Will Your Merger be Blindsided by Fraud?

Series C & Beyond: How Growth Investing is Different Than Early Stage

5 Rules for an A+ Board Meeting for Investor-backed Companies

Understanding & Using Your Cash Flow Statement

Why Business Valuations are Helpful (& What do they Typically Cost)?

Managing Merchant Fees – Role of Zero Fee Processing

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

7 Ways a Business Name Generator Can Help Entrepreneurs

Citizenship by Investment Overview

Understanding the True Cost of Employee Turnover

How to Think About Valuation When Raising Venture Capital

Explore the Knowledge Bank…

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Recent News

Scale Finance Closes $20M ABL Financing for TRA

Scale Finance Leads the Successful Sale of Carolina Restoration Services

Scale Finance Advises FX HedgePool on $8M Series A Funding

SF Closes Acquisition of Midwest Outdoor Resorts for Travel Resorts of America

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

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

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.