Providing liquidity to support the growth and development of a a US-based financial technology business.
We're pleased to announce the recent completion of a working capital facility for a US-based financial technology business, providing liquidity to support the next stage of its growth and development. From initial enquiry to completion, the transaction was executed in just five business days.
The situation
What the borrower required was a funding partner capable of moving quickly and structuring a facility around the realities of an operating business rather than forcing the business to adapt around a lender's process.
The borrower operates a technology platform, helping to automate complex data management. The facility was structured to provide flexible funding while allowing for progressive repayments aligned with business cash flow generation.
The TENN difference
Transactions like this demonstrate that access to capital is often about timing as much as availability. When opportunities exist, businesses need certainty that funding can be delivered at the pace required.
Whether supporting entrepreneurs, operating businesses, investment structures or private clients, Tenn continues to provide tailored funding solutions designed around the specific objectives of each borrower.
If you have an opportunity like the above, please don't hesitate to get in touch with us.