Funded: $3MM Growth Capital for Start Up Customer
A high growth start up customer in the restaurant and entertainment industry requiring expansion capital in the form of non-dilutive debt to fund several new expansion locations in the USA and to take out restrictive bank debt. United Capital was able to successfully source a new growth capital debt facility of $3MM that will facilitate the expansion need and bridge the entity to large equity raise later in 2017. Traditional lenders were unable to fund the additional growth capital required. United Capital through its investor base was able to successfully source a solution that met the customers immediate liquidity needs to continue on their projected growth model without diluting the capital table.
http://www.pr.com/press-release/721576