High-Growth Business Facing Unexpected Financing Needs

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Project Description

Loan Wolf Software

 

Challenges:

This small, high-growth software company experienced significant hurdles when the founder/owner faced health issues that required him to step back from day-to-day management of firm. Naturally, the owner’s sabbatical from the business impacted revenue, and the escalating medical bills affected the owner’s assets and credit score. When the owner returned to lead the company full-time, he needed an infusion of capital to increase inventory and add new employees.
Ideas:

LendSpark utilized the experience of their executive team to thoroughly evaluate the business model and growth potential of the company. We determined that the underlying market potential and existing customer base the company possessed allowed us to craft a working capital loan structure to re-fuel company growth.
Results:

LendSpark’s funding allowed the business to utilize funds only “as-needed”, helping to keep financing costs down while allowing the purchase of the inventory necessary to support new customer deployments. The successful payment of the debt has also improved the owners’ and business’ respective credit profiles.

 

Ideas:

LendSpark utilized the experience of their executive team to thoroughly evaluate the business model and growth potential of the company. We determined that the underlying market potential and existing customer base the company possessed allowed us to craft a working capital loan structure to re-fuel company growth. Results:  LendSpark’s funding allowed the business to utilize funds only “as-needed”, helping to keep financing costs down while allowing the purchase of the inventory necessary to support new customer deployments. The successful payment of the debt has also improved the owners’ and business’ respective credit profiles.