Meanwhile, the company’s management was in discussions with potential new lenders.
When a prospective lender requested 4-year financial projections, the company’s CEO turned to Brandlin. We developed and presented an integrated financial model including monthly Balance Sheets, Income Statements and Statements of Cash Flow reflecting:
- The company’s complicated inventory procurement process, including SKU balances
- Sales channels
- Projected monthly borrowing base availability
- Projected monthly Fixed Charge Coverage
- Multiple sensitivity analyses
The company successfully closed its refinancing within months of initiating our engagement. With its new financial modeling tools and capital partner, it is well-prepared to continue its long history of success.