Builder Five

This large production builder, one of the top 15 to 20 in the state, was having a difficult time with cash flow because they were not able to get sufficient financing and were therefore having to build out of pocket.

The reason for their difficulties getting financing was that they had become large enough that the bank needed a CPA “review” (similar to an audit) of the financial statements.  Because the Controller was not able to get the financials in order, the CPA firm wasn’t able to do a review.

Having known me for several years, their banker suggested the builder reach out to me for assistance.  I started working with the builder to get their financials in order and we successfully got through the review.

Several years later, through the hard work of their President and the whole team they are now doing quite well and we are now working together to prepare for an IPO in 2023.




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