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US Capital Partners Provides $1.25MM Credit Line to AdJuggler

December 11, 2013, 07:28 AM
Filed Under: Technology

US Capital Partners, LLC has provided a scalable $1.25 million line of credit for AdJuggler Inc. headquartered in Falls Church, VA.

“We are delighted to have successfully obtained this new credit facility,” said John Shomaker, CEO at AdJuggler. “We approached US Capital Partners to help us secure working capital to support our ongoing growth. In particular, we were looking for a new, flexible lending partner that understood and appreciated AdJuggler’s business model and the unique elements of the industry we serve.”

“Many traditional bank lenders lack the expertise and experience to fund certain specialized enterprises, such as online advertising and software-as-a-service companies, and are therefore able to offer only limited financing flexibility,” explained Jeffrey Sweeney, CEO and Managing Director at US Capital Partners. “AdJuggler approached US Capital Partners for flexible working capital, and we are extremely pleased to have successfully put in place a $1.25 million facility for this promising hyper-growth enterprise.”

AdJuggler, Inc. is a privately held software-as-a-service company that operates in the online advertising sector. The company offers an Exchange Media Program (“EMP”) that helps advertisers and publishers meet in a bidding marketplace, as well as an Advertising Management Program that allows users to store campaigns and product management data in the firm’s cloud storage database. AdJuggler serves more than 190 companies worldwide, and has nearly 70 million unique users each month.

Since 1998, US Capital Partners has been providing prompt, innovative, and reliable financing solutions including lending, equity financing, and debt re-structuring to businesses across the United States and abroad. US Capital Partners is a private investment bank, direct lender, co-lender, and lead financial arranger that specializes in asset-based debt for small to middle market private and public companies.

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