The High-Tech Business Consultants – needed growth WITHOUT dilution.

Challenge: The founders of this high tech business consulting company knew they had some significant challenges. They needed aggressive initial capital, did not want to dilute the principals’ equity and had to have a way to manage growth and length of consulting contracts.

State Bank to the rescue!

The State Bank Solution:

State bank provided SLED Credit line and created:

• A plan to facilitate the company’s first year of cash flow
• Capital secured by booked consulting contracts
• A long-term partner, with flexible financing solutions

Results: This company solidified their relationship with State Bank, and obtained their SLED financing. They secured the initial capital they needed to launch without diluting the principals equity position.