Entrepreneur Growth Capital closed a $1 million working capital facility to a software company that streamlines influencer and content creation strategies.
The sponsor-backed company has grown over the last year and has seen even greater demand since the beginning of the pandemic. The company tried factoring a year ago but prefer non-notification and lower costs associated with asset-based lending.
“It refreshing to see a client’s receivables growing during this period and are pleased to be their capital provider,” Dean Landis, president of EGC, said.
