April 2018 - Spinta Capital assisted a late stage VC-backed provider of HR enterprise Saas solutions with a growth debt financing. The loan, provided by a non-bank lender, was structured as a senior secured term loan and included a follow on tranche to support future growth needs. Proceeds were used to refinance existing debt and provide low cost growth capital to support the expansion of new product platforms.
About Spinta Capital
Spinta Capital is a unique advisory firm dedicated to helping mid and later stage emerging growth companies efficiently raise debt capital for business expansion. With a goal of optimizing capital cost and flexibility, we assist management teams in navigating the growth debt ecosystem with speed and intelligence, while employing a non-invasive fee structure. Founders, CEOs, CFOs and VCs rely on Spinta Capital when considering low cost, flexible growth loans. www.spintacap.com