FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


SG Credit Partners Provides $2.0MM Growth Capital Facility to SaaS Telephony Security Company

May 12, 2021, 07:15 AM
Filed Under: Technology

SG Credit Partners provided a $2 million growth capital facility to a provider of B2B and B2C telephony-related security services.

The Company was seeking non-dilutive growth capital to execute on sales and marketing initiatives and have the ability to close quickly on accretive acquisitions.

SG was able to get comfortable with the transaction due to the Company’s consistent growth in MRR, strong retention metrics, profitability, and experienced management team. Within three weeks from signed term sheet, SG provided a $2MM growth capital facility with $1.5MM funded and an additional $500,000 tranche available based on continued growth.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.