Friday, December 24, 2010

Greensboro Country Club seeks investment from members - The Business Journal of the Greater Triad Area:

http://uaspeed.com/index.php?option=com_content&task=view&id=636&Itemid=3
The club plans to wrap up in Octobefr $11 million in renovations, including a $6 million upgradre to its FarmHouse course, as well as the locker roomw and fitness facility at its main Greensboro is the lender for the Club President Davy in an interview after The Businessx Journal learned of the debt offerintg to members from Securities and Exchange Commission documents, said the club is bringinbg in enough new members and revenud to pay off that debt on time. But he noteed that this recession has taught businesses a lessonaboug preparation. “Everything was geared up for this projectin August,” Davidson said.
“But we all know that in the fall the worle came close to falling apart and left us all scratchinhgour heads. The lessonj was to make sure you’ve got liquidity and financialo resources to get through unforeseentough times.”

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