THE CHALLENGE
An innovative company from the service sector needs capital to finance expansion to international markets, acquisitions and entry into new business segments. The company is dissatisfied with the existing loan terms with the banks.
THE SOLUTION
Apsolon has detailed the state of the company, prepared the company’s strategy and business plan and organized fundraising on the Funderbeam platform. Of the collected 5 million HRK of equity, another 6 million HRK of a favorable loan was obtained in order to finance further growth and development.
THE RESULT
In two years, the company successfully diversified its business, entered new segments and increased its revenue by 38% and profit by 49%. The cost of bank financing was reduced by 5 ppt with considerably more favorable collateral.
