$350,000 Working Capital for Canadian Software Developer

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We are excited to share the details of Green Sage Capital’s recent closing!

Closing Snapshot: Veteran Software Developer of high-quality mobile applications helping companies launch their businesses with high tech located in Calgary, Alberta, Canada. The borrower was able to successfully payoff some high interest rate loans as well as take advantage of additional cash out which is being used for company growth and expansion efforts.

  • $350,000 Loan Amount
  • Unsecured
  • Expansion Capital
  • Recapitalization of high interest rate debt
  • 12 month term at Prime + 9.5%
  • Prepayment Discounts
  • Bridge Loan will be taken out by the Canadian Government SR&ED refund, which will be received within 6 months of funding

Call Us: We’re here! So give us a call if you have a similar scenario that you’d like to run by us. We’d love the opportunity to structure the right financing for you and your business.

Get To Know Us: We’d love for you to get to know us better. Head over and meet our Executive Team here.

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