SaaS Capital, the provider of committed credit facilities to SaaS companies, has provided a $2.5 million facility to H2O Overgroup, which delivers billing, CRM and management solutions to the communications industry.

“With our rapid growth and expanding market reach, SaaS Capital was a natural fit for our company,” says Brent Maropis, CEO of Atlanta-based H2O Overgroup. “Their approach to financing and experience with other SaaS companies has set them apart as the premier partner for our business.”

“The H2O team is exceptionally talented,” said Todd Gardner, founder and managing director SaaS Capital. “They have a fantastic product with features and capabilities of a company 10 times their size. Additional financing from SaaS Capital will help them further their advantage on the product front and also get their message out to a broader market.”

SaaS Capital has offices in Cincinnati, New York and Seattle.