Daily News: July 10, 2018

BizCap Provides Asset-Backed Facility to Kellton Tech


Business Capital delivered a working capital facility to the U.S. operations of Kellton Tech Solutions, a worldwide IT solutions company based in India with U.S. operations headquartered in Princeton, NJ.

Kellton powers one of the world’s largest e-commerce marketplaces and specializes in digital transformation and commerce, SAP and product development and services with a focus on ISMAC, as well as other niche expertise and tech solutions.

“Reed Upson and the entire team at BizCap were a pleasure to work with during our recent transition to a new banking relationship for our expanding U.S. operations,” said Srinivas Potluri, CEO of Kellton Tech. “It was a true partnership that worked flawlessly through the entire process. The integrity, availability and guidance provided by the BizCap team was invaluable in closing the deal on time – they delivered on all of their promises.”

“We were proud to work with the team at Kellton to secure capital for their rapid international expansion. The leadership of Srinivas and Chairman Niranjan Chintam was ultra-present throughout the process, their diligence and professionalism resonated with our team and capital partners,” said Business Capital’s Managing Director Chuck Doyle.