Please Note:
This profile was automatically generated using 3 references found on the Internet. This information has not been verified. Learn more...
This profile was automatically generated using 3 references found on the Internet. This information has not been verified. Learn more...
Web References
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1. Medstat Systems, Inc.
www.medstatsystems.com/contact - [Cached]Published on: 1/22/2008 Last Visited: 1/22/2008
Scott Bohm CEO sbohm@medstatsystems.com -
2. St. Paul Pioneer Press | 08/29/2004 | Lending help
www.twincities.com/mld/pioneer - [Cached]Published on: 8/29/2004 Last Visited: 8/29/2004
Highland Bank suggested that Scott Bohm, chief executive of Medstat Systems Inc. in Fridley, use his company's accounts receivable to secure a five-year, $90,000 SBA loan to refinance debt and increase cash flow.
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"I thought it was pretty creative on their part," said Bohm, who used credit cards to start Medstat. The company, which brings in $3 million in annual revenue, was able to lower its interest costs by 40 percent and pay cash for new furniture and equipment, he said. -
3. Hispanic Business - Banks Find Creative Ways to Loan Money to Minnesota's Small-Business Owners
www.hispanicbusiness.com/news/ - [Cached]Published on: 8/30/2004 Last Visited: 8/31/2004
Highland Bank suggested that Scott Bohm, chief executive of Medstat Systems Inc. in Fridley, use his company's accounts receivable to secure a five-year, $90,000 SBA loan to refinance debt and increase cash flow.
...
"I thought it was pretty creative on their part," said Bohm, who used credit cards to start Medstat. The company, which brings in $3 million in annual revenue, was able to lower its interest costs by 40 percent and pay cash for new furniture and equipment, he said.

