Location: British Columbia
Amount Financed: >$250k
Type of Facility: SR&ED and Interactive Digital Media Financing
Days to Finance: 13
Use of Funds: Investing $1 in marketing produces $3 in revenue when a new game is released and is successful. This company was just about to release a new game, wanted additional funds to invest in marketing and ensure that they could continue to rapidly deploy new gaming functionality. The loan provided them with the funds needed to be featured multiple times on both Google and Apple stores.