Scale Finance LLC is pleased to announce another milestone – the firm now actively serves over 50 clients. This follows a surge in new client commitments in the last couple of weeks. Managing Director, Dave Gilroy, commented, “We’ve been fortunate in an extremely challenging economic environment. Our value proposition of helping entrepreneurs make the most of their valuable resources – and save real money for companies by providing highly experienced CFO/Controller resources on a part-time basis – seems to be part of the “answer” for many companies grinding through the Great Recession.”
Scale Finance provides part-time professional CFO services and Controller solutions to small, but high potential companies. Most of the firm’s clients are growth companies in the technology, healthcare, and business services sectors that range from start-up to tens of millions in annual revenue. Scale Finance also assists its clients in strengthening their balance sheet – through additional equity, senior debt, or subordinate debt. Scale Finance supports companies seeking solutions while in financial distress, including Chapter 11 bankruptcy proceedings, with hands-on senior finance professionals who are highly experienced with the reorganization process, but also low cost and flexible. Gilroy continues, “the common sense of what we do is that part-time is less costly than full-time, and flexibility in managing personnel costs up or down as the need dictates is particularly critical during hard times.”
Managing Director, Gary Hayes, commented, “We’re delighted to go into the New Year on such a strong note, especially in the Triangle, where we signed an insurance agency, a construction company, a wireless software company, a healthcare staffing firm, and a hotel management and development company – all in the past two weeks.”
About Scale Finance
Scale Finance LLC (scalefinance.local) provides professional CFO services, Controller solutions, and support in raising capital, or executing other transactions, to growth companies. The firm specializes in costeffective financial reporting, budgeting and forecasting, implementing controls, other financial management, etc, and provides strategic help for companies raising growth capital or considering M&A/recapitalization opportunities. Most of the firm’s clients are growing technology, healthcare, business services, consumer, and industrial companies that are at various stages of development from start-up to tens of millions in annual revenue. Scale Finance LLC has offices in Raleigh/Durham, Charlotte, and Winston-Salem, a team of more than 20 professionals, and serves more than 50 companies throughout the region.
