SG Credit Partners provided a $1.5 million growth capital facility to a provider of channel management automation for enterprises selling through channel partners. The company was seeking capital for product development, to expand its team and to execute on growth opportunities in its pipeline. SG Credit Partners structured a $1.5 million non-dilutive term loan supported by the company’s recurring revenue base. SG Credit Partners got comfortable with the deal based on the company’s product suite, ARR growth, software-as-a-service metrics and management team.
Forward for Specialty Finance
