Case Study: Security Credit Corporation Achieves Successful Launch and Growth with SCORE Mentors Berks and Schuylkill Cty

Security Credit Corporation - Customer Case Study

Security Credit Corporation, founded by Dewayne Keiper in Sioux Falls, South Dakota, was preparing to launch a receivable finance business in 1997-98. Although Keiper had banking experience and a solid five-year plan, he needed guidance to validate his projections and approach investors, which is where SCORE Mentors Berks and Schuylkill Cty came in.

SCORE Mentors Berks and Schuylkill Cty helped Keiper refine his business plan, assess whether his financial assumptions were realistic, and build confidence in presenting to potential investors. With this support, Security Credit Corporation secured $250,000 in venture capital plus a local bank loan commitment and successfully launched into a growing business that helps small and medium-sized companies access cash tied up in invoices.

Security Credit Corporation

Dewayne Keiper

Owner