SLR Business Credit funded a $3.5 million credit facility for Segula Technologies USA, an engineer staffing company serving top-tier aerospace, defense, automotive and energy companies.
The credit facility provides more liquidity compared to its prior bank line, offering the company greater financial flexibility to support its rapid growth. The funding’s flexibility is designed to allow Segula Technologies USA to continue expanding operations and respond to increasing demand for its engineering expertise.
“We are thrilled to partner with Segula Technologies USA, Inc. and support their ongoing success,” Ashvin Viswanathan, vice president of business development at SLR Business Credit, said. “Our ability to provide liquidity through a flexible financing structure will enable Segula to scale their operations efficiently while focusing on growth opportunities.”
