News > Why I’m using a credit facility to grow my startup

Why I’m using a credit facility to grow my startup

01/03/2022 01:48 PM | Click to read full article

Banks often can’t offer a line of credit to a startup or small business.

It was therefore clear to us that we needed to offer lines of credit for our customers. Our credit facility allows us to extend lines of credit to our customers, ramp up our product offerings rapidly, and incorporate that debt into our capital stack in a way that minimizes the long-term cost of capital, which that makes clear sense for our business.

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