$2.5 to $31 Million in Just 7 Years
“I put together a group of people to invest in a fledgling recording company in Houston, Texas a few years ago. The existing management was street smart and developing good products for their market. In fact, the product was better than most of their competition. But they were under capitalized, and not efficient in handling their financial resources. This inhibited their ability to successfully and consistently take their product to market and make a good profit.
“In the next seven years, the company had revenue growth of $2.5 million to $31 million, employees increased from 5 to 65, profit grew from a negative $250,000 to a positive $800,000, lines of credit advanced from zero to $2,000,000 and invested capital increased $3 million. From the start, Dan Lacy was a key member of the executive committee that took over control of the business. He was responsible for all cash management, all planning, and all financing. He played a key role in the growth, profitability, and success of the company. He provided the guidance that gave us the financial stability we needed to grow the company over 43% per year for 7 straight years.”
Stan Moser, CEO
Star Song Communications, Inc., Nashville, Tennessee
Man of Integrity
“I believe in the capabilities and integrity of Dan Lacy. He was responsible for the growth, acquisitions, planning, and general financial stability of all my businesses. He was an asset to my organization.”
Bill Gaither
Businessman, Singer, Song Writer, Multiple Grammy Award Winner
Helped High Growth Company 10X Their Credit Lines
“We’re a high growth company. We’ve grown an average of at least 30% a year for the past ten years. Managing a high growth company has its challenges, and one of those challenges is financial. Before I started working with Dan, I felt like I was driving a car down the road at breakneck speed, and I couldn’t see out my windshield. “Working with Dan has allowed me to see out the windshield. I have a map, an idea of where I’m going, and whether or not I’m getting where I want to go. I have not had a problem getting money when I needed it ever since I have had Dan. And we’ve grown—I mean our credit lines have grown 10 times.
“If you have the right data, you can probably figure out the thing to do. It’s when you don’t have all the data that you make mistakes. And that’s what Dan does. He gives you the data you need to make good business decisions.”
Judy Nagengast, CEO
Continental Design & Engineering Company, Inc., Anderson, Indiana
Getting Financing When It Is Needed
“For a busy business person, getting the correct financing is not an easy task. I contacted Dan Lacy. He helped me determine my long range financing needs, developed a financing strategy, put together a business plan, and got me the money we needed.”
Jerry Cox, President J&A Excavation, Markelville, Indiana
Diversify & Expand With 100% Financing
“I wanted to diversify my business by expanding into the manufacturing side. Dan guided me through the planning process to determine our cash requirements for site improvements, facilities, inventory, and working capital. We went to the bank and financed 100% of everything I wanted.”
Mark Hopkins, CEO, Pyrotechnic Productions, Inc., Brazil, Indiana
Talking Banker Talk and Getting Financing
“He knows how to talk to bankers, which I had no idea how to do. You have to educate bankers. Dan did this for us. Those are the strongest qualities. He doesn’t waste your time. He gets down to the point. He speaks in a language that you can understand, and your banker understands, too.”
Dave Stout CEO
Air Master Heating and Cooling, Inc., Indianapolis, Indiana
Dan Is Acknowledged In The Industry As An Expert
“I work with Dan Lacy on a regular basis and find that he is uniquely gifted in helping company’s focus on and achieve financial performance levels never achieved before. As an accounting professional, he is an asset to the financial community.”
Richard Peck, Jr., CPA, Stewart Peck and Hueston, CPA’s,
Anderson, Indiana
Bankers Love Dan Lacy
“Over the last seven years I’ve seen him go in with many companies and make a very dramatic, positive effect on those operations. First of all, I think Dan’s banking background affords him the opportunity of communicating with fellow bankers or other bankers in a way that is rapidly and easily understood as it relates to one of his clients. Secondly, he understands what the bank is looking for. Consequently, the financial proforma’s he puts together addresses those concerns and needs, consequently saving a lot of time for all.
Jim Freeman, National City Bank, Indianapolis, Indiana
Success Stories
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