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SG Credit Provides $1.5MM Growth Capital Facility to Channel Partner Management SaaS Platform

October 27, 2021, 07:36 AM
Filed Under: Technology

SG Credit provided a $1.5MM growth capital facility to a leader in 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 structured a $1.5 million non-dilutive term loan supported by the Company’s recurring revenue base. SG was able to get comfortable based on the Company’s comprehensive product suite, ARR growth, strong SaaS metrics, and experienced management team.

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