Medical Device Manufacturer Case Study
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. Company needed a financing solution that could keep up with its pace of growth.
Production Cycle: Company had a long, complex production process with high R&D costs, demand for technical expertise and the management of 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.