Type of Facility: SR&ED Financing
Days to Fund: 6
Use of Funds: Pivoting from a service to a SaaS business can be costly. This bridge loan provided the company with the cash needed to continue to invest heavily in software development while ensuring their clients continued to receive the same great level of service.
Company Background: This agency creates breathtaking websites, develops apps using open source platforms including Ruby on Rails and PHP, and manages data – creating a data management program that gives customers the freedom to use whatever software they choose but keeping the data all in one place.