Bank Line of Credit Project


  •  The Client wanted to obtain a working line of credit with a bank to expand operations and potentially open a second location

  • Client needed help finalizing their year-end financials in order to get their tax return complete


  • Pride Advisory reviewed the last three years of financial statements and adjusted them to reflect a more accurate financial picture of successes based on an accrual basis—not cash—which was the reporting method

  • We reconciled all bank and credit card statements for the year, recorded missing transactions, and made adjusted journal entries to prepare supporting schedules for the tax accountant


  • Our Client was able to negotiate a line of credit with their bank based on the adjusted financial statements

  • The tax accountant was able to prepare the Company's tax return with minimal questions, saving the company time and money

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420 Lexington Ave, 30th Floor

New York, NY 10170​


Mike mccumiskey

Practice Lead, Pride Advisory

Tel: 212.6610842

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