Deal Closing
SG Credit Profile
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SG Credit Partners Provides $2.0 Million Growth Capital Facility to SaaS Telephony Security Company
The Company
Provider of B2B and B2C telephony-related security services.
The Financing Situation
The Company was seeking non-dilutive growth capital to execute on sales & marketing initiatives and have the ability to close quickly on accretive acquisitions.
The Solution
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 3 weeks from signed term sheet, SG provided a $2MM growth capital facility with $1.5MM funded and an additional $500K tranche available based on continued growth.