Location: Leawood, Kansas
Industry: Financial Services- Tax Planning
DVS Role: Capital Markets Advisory
The Client: JC Grason is an independent income tax and financial services firm, specifically devoted to working with retirees and those planning for their retirement. Their services include retirement planning, tax planning and estate planning.
The Close: DVS Group was approached by JC Grason, a former transactional client, when their banking relationship became adversarial. Their existing bank, formerly a community bank, had been recently acquired by a Big Bank that did not want to deal with small business clients. After a series of miscommunications, the new bank management threatened to call JC Grason’s note in 2 business days even though the company was in strong financial health. DVS was able to hold their old bank at bay and deliver a term sheet from a new bank in less than a week. The client’s new loan funded within 35 days.