BizCap collaborated with CodeScience, an independent software development and services vendor, by securing the company a multimillion-dollar asset-based line of credit.
CodeScience, which has specialized in developing Salesforce applications and enterprise solutions since 2008, experienced difficulties in securing cost-effective financing independently. BizCap effected a turnaround within one month and CodeScience received multiple debt offers, each with lower costs of capital. The partnership with BizCap provided the company financial solutions which will allow it to continue delivering software solutions while fueling its expansion plans.
“The support we received from BizCap was a game-changer for us,” Michael Witherspoon, founder and president of CodeScience, said. “Their expertise and dedication secured us financing with highly favorable terms and saved us valuable time and resources. I only wish we had engaged with BizCap earlier in our financing journey.”
