Will Dearman

Past

Founder & Principal at Dearman Ventures
Entrepreneur in Residence at LocationStore.com
Credit Products Underwriter; AVP at Bank of America

Credit Products Analyst at Bank of America

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Education

Bank of America
Trinity University

Connections

157 connections

Industry

Internet

Websites

Will Dearman’s Experience

Founder & Principal

Dearman Ventures

(Investment Banking industry)

October 2007 — October 2009 (2 years 1 month)

• Acquired a portfolio of Internet-based businesses with the objective of turning around operations, enhancing revenue and margins, and obtaining access to capital
• Developed and successfully implemented sales and marketing strategy for acquired internet retail company to enhance profitability through customer segmentation; boosted gross margins by 6% resulting in approximately $18,000 more in gross profit per year
• Hired and trained two associates for portfolio company management
Entrepreneur in Residence

LocationStore.com

(Privately Held; Retail industry)

October 2007 — October 2009 (2 years 1 month)

• Developed market re-segmentation strategy, focused on high margin, high service, consumers and high volume, low service, government customers to optimize profitability
• Constructed and deployed a social media marketing strategy including Twitter, a blog and Facebook that contributed to improvements in traffic, higher conversions and greater customer engagement
• Established fifteen new government customer relationships, including Department of Defense
• Introduced custom ecommerce software that decreased the time required to process a transaction by 75%
Credit Products Underwriter; AVP

Bank of America

(Public Company; BAC; Banking industry)

July 2006 — September 2007 (1 year 3 months)

• Structured credit facilities to meet clients need, mitigate risk, and achieve profitability benchmarks in a credit portfolio of Central Texas middle market companies (Revenues $30MM to $1B)
• Approved credit exposure up to $3 million, advanced approval process for larger exposures
• Constructed and utilized financial models to support the extension of long term credit exposure
• Underwrote revolving and term loans as well as foreign exchange, swap, treasury, and letter of credit exposure
• Prepared financial analysis and approvals based on cash flow, collateral and total credit exposure for a portfolio of 43 middle-market companies
• Generated leads, profiled and qualified prospects for credit, treasury cash management, foreign exchange and capital market opportunities
• Participated in pre-call planning, client sales calls, post-call reporting, and portfolio planning and pipeline reports
Credit Products Analyst

Bank of America

(Public Company; BAC; Banking industry)

December 2005 — June 2006 (7 months)

• Prepared financial analysis and approvals based on cash flow, collateral and total credit exposure for a portfolio of 43 middle-market companies
• Evaluated client financial statements for maintenance and incurrence covenant compliance

Additional Information

Will Dearman’s Websites:

Will Dearman’s Interests:

International travel, performing improvisational comedy, dogs, new technology

Will Dearman’s Groups:

2007 - Leadership Austin Emerge
2006 - Present - Board Member for the Central Texas SPCA.
2006 - Volunteer Tax Preparer at Community Tax Centers - a VITA program in Austin, Young Execs Austin