Boston Technology Company
Client: Boston Technology Company
Situation: The client’s business was growing rapidly as his business is in the rapidly growing sector known as IoT (internet of things).
Need: As more and more restaurants were signing up for his services he found that his existing financing from his equity partner was insufficient for his fast growth.
Solution: By partnering with Prestige, he was able to keep cash flow steady and sign on new accounts at a rapid pace without seeking additional equity which would take time and energy during this fast paced sales cycle.