Aegis Connects a Technology Solution Provider with the Means for Growth
The Business Challenge:
When a Florida based networking solutions provider needed a continuing supply of capital available to support their growth, their bank was not equipped to help. Aegis realized the potential and how this hardware reseller, dealing in new and refurbished laptops, servers, and networking equipment, was servicing a need experienced by many small businesses.
The Aegis Solution:
Aegis Business Credit worked with this distributor to replace their existing bank line, and to provide a $2,500,000 revolving line of credit. With the additional working capital, the company is now able to maintain sufficient inventory levels to be able to fill their customer’s equipment needs and to be able to respond to new opportunities for growth.