SG Credit Partners Provides $2MM Growth Capital Facility to SaaS Telephony Security Company
SG Credit Partners provided a $2 million growth capital facility to a provider of B2B and B2C telephony-related security services. The company sought non-dilutive growth capital to execute on sales and marketing initiatives and to gain the ability to close quickly on accretive acquisitions.
Within three weeks of signing the term sheet, SG Credit Partners provided the $2 million growth capital facility, with $1.5 million funded and an additional $500,000 tranche available based on continued growth.