Aegis Fuels Launch of Voice Automation Developer
The Business Challenge:
When a developer and provider of innovative workforce productivity solutions saw clear opportunities for their mobile based voice automation in retail, aerospace, industrial and entertainment markets, they needed cash to fuel operations while their product gained recognition. Looking ahead, they knew that an opportunity to be part of the world’s largest private space exploration was just on the horizon. One of the company’s investors was familiar with the Aegis team and saw the value Aegis could provide when the company was positioned to launch into major growth in the near future.
The Aegis Solution:
Aegis provided a $250,000 accounts receivable credit line that allowed the company time to gain traction in niche markets. Within a year, the company was able to improve profitability and customer terms, resulting in stronger cash flows and enabling them to qualify for traditional financing. The Aegis team is proud to have been a part of their journey to success.