Firm raises $3.4 Million for expansion in 2 weeks
Service Provided: Raising Finance
Industry: Business
Overview
A firm asked Sceamdo Technologies to help in raising finance for a larger factory, new state of the art technology machinery, and additional raw materials.
Challenges
To raise $3.4 million business finance for expansion, new machinery and additional raw materials due to increasing demand
Solution
- Worked in collaboration with the client and prepared a detailed business plan
- Prepared a pitch presentation
- Lead client to appropriate financial sources for finance
Results
- Received a total of $3.4 million in finance – i.e. $1.2 million for the new building, $1.9 million for new state-of-the-art machinery, and $0.3 million for additional raw materials
- Efficiency and performance increased
- Productivity increased by 120%
- Profits increased
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