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Rose City Confections
Portland, OR
$15,000
Working Capital Financing
Funded Date: August 2nd, 2018
Overview of the Transactions – Local company with a kitchen that produces eatable product. Needed working capital to increase production and add equipment.
Significance of Transaction – Using the working capital and new equipment he will be able to add 20K to his monthly revenue.
eQcho’s Role – eQcho was able to use their network of lenders to obtain two options for him. $24,000 or $15,000. He chose the lesser amount to establish trust and develop his business before looking for a higher loan amount in the future.