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Boston Technology Company

  • Boston Technology Company

    $ 300,000

    Technology

    Boston
    • Client: Boston Technology Company

    • Situation: The client’s business was growing rapidly as his business was in the rapidly growing sector known as IoT (internet of things).

    • Need: As additional restaurants were signing up for the client's services, the company realized that their existing financing was insufficient for such rapid growth.

    • Solution: By partnering with Prestige Capital, he was able to keep cash flow steady and sign on new accounts at a rapid pace. This was done without seeking additional equity, which would have required substantial time and energy during this fast-paced sales cycle.