Palm Harbor Homes, one of the leading manufacturers of factory built housing in the country, was interested in developing a finance subsidiary that could provide retail financing for their customers.  Other companies in the industry had successfully integrated a finance entity with their manufacturing and retail operations and Palm Harbor wanted to take advantage of that synergy.

The Chairman of Palm Harbor had learned of our expertise in the finance area and interviewed us for the opportunity to create their finance entity.  His instructions were very clear: (1) Do not get us into financial trouble! (2) DIRFT (Do it right the first time) (3) Make it a value added proposition for the customer and for the company with an absolute minimum of risk!

We worked for the next twelve months, establishing the company, obtaining the necessary licenses and negotiating loan sale agreements that would allow the company to originate loans on an agreed upon underwriting and pricing structure and then sell the loans on a service released business.

That company continues to exist today and over the course of the last 15 years has added significant value for their company and their customers.  We have received many expressions of appreciation for a job well done.