Cordes & Company

Viability assessment leads to renewed line of credit

A Denver-based provider of pre-cast, pre-stressed concrete products to the building and transportation industry faced challenges in the economic downturn.  When the company attempted to renew its line of credit, the lender first asked Cordes to conduct a thorough viability assessment.  We reviewed books and records, operations and cost structures.  We studied economic forecasts for the market and the construction industry.  After meeting with Cordes and considering our report, the bank, renewed the line of credit.

Colorado
7979 E. Tufts Avenue
Suite 820
Denver, CO 80237
Telephone: 303.721.8755
Minnesota
2677 N. Innsbruck Drive
Suite A
New Brighton, MN 55112
Telephone: 612.455.0985
California
2030 Main Street
Suite 1300
Irvine, CA 92614
Telephone: 949.379.1202
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