Client
The client enables online connectivity, keyless control, security, and data analytics for a global market of 100+ million non-automotive vehicles such as golf carts, ATV’s, forklifts, boats, and heavy equipment. They are based in Delaware, USA
Scenario
The client needs funding for working capital and expansion of their current business.
Solution
Wealthbullet arranged a funding of GBP 10 million on a convertible loan note basis with a term of 60 months.
USD
10 Million
Country
U.S.A.
Sector
Automotive
Sub-sector
Infotech
Deal Type
Project funding
Structure
Convertible Loan Note
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