BizCap, a national commercial finance and advisory firm, has structured and secured a multi-million-dollar financing package for an IT firm specializing in advanced cloud-managed WiFi and wireless networking solutions. The new capital will help the company expand production capacity and support recent contracts with major players in the mobile payment industry.
“BizCap delivered exactly what we needed to scale quickly,” the CEO and founder of the IT firm, said. “They understood the long-term value of the technology we built and the urgency of meeting this surge in demand. BizCap was thoughtful, engaged, and laser-focused on building the right financing structure. Thanks to their partnership, we’re positioned to fulfill large orders and unlock a new phase of growth.”
“We were incredibly impressed by the firm’s leadership and their clear vision for long-term growth,” Chuck Doyle, President and CEO of BizCap, said. “Our team took the time to deeply understand their unique model and strategic priorities, which enabled us to structure a financing solution tailored to support their continued expansion and success.”
BizCap recently completed financing solutions for clients across various industries, including Cerebelly, a utility service leader, and Conexwest. The firm is expanding its team with recent hires such as Jacob Call, who joined the credit and capital markets teams.
