August 2018 - Spinta Capital assisted a late stage VC-backed e-commerce auction marketplace with a new debt facility. The facility, provided by a bank, provided additional stand-by liquidity to the company's balance sheet to support its rapid growth. The company offers data-driven rapid auctions of low cost consumer electronics and other goods and is a key player in a broader consumer shift toward purchasing value-priced goods online.
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