Lund Financial Corporation

Expertise. Service. Results.

Cisco Systems

Cisco Systems, Inc. is well known for its meteoric rise to become a $6 billion per year force in the computer networking marketplace. It decided to utilize off-balance sheet financing for its headquarters facilities and engaged an outside financial advisor to assist them in structuring and closing the transaction. Unfortunately, matters got complicated, the advisors could not solve the problems and the project stalled. Cisco then turned to Lund Financial to unravel the situation and close the financing. LFC's efforts provided $52.5 million of financing for Cisco's landmark project. "We were months into the process of financing the purchase of land and construction of buildings. The 'experts' we hired got the easy part right, but were soon bogged down when the real challenges cropped up. Halfway into a project is no time to realize your consultant isn't up to snuff." "So then we hired Lund Financial to take control and close the deal. LFC provided the right capital sources, re-structured the financing and saved us from the hocus-pocus of the process. Lund Financial gave us the support we needed." -- Henry Navas, Treasurer (Retired)