TCJ Case Study
Medical Device Manufacturer
ABOUT THE COMPANY
HQ Location: South Central, US
In Business For: 3 years
Annual Revenues: <$5M
Management: Proven management team with experience in medical device field
Customer Base: Domestic and international hospitals, clinics and surgery centers
Machinery Purchase: Company needed growth financing to support the purchase of a new micro-milling station.
High Growth: Company projected unprecedented short-term growth after market adoption of products. They needed financing that could keep up with the pace of their growth.
Production Cycle: Company had a long, complex production process with high R&D costs, multiple vendors and many component parts.
Non-Dilutive Financing: Company required additional financing without sacrificing equity.
The Credit Junction worked closely with the company and its management to craft a financing solution that met both their short and long term needs.