Client
The client is in the entertainment industry and has developed an online music creation platform software that enables anyone generate their own music from a massive library of beat packs.
Scenario
The client needs cashflow for the next twoyears (representing a burn rate of $200k/month) whilst they grow the business.
Solution
Wealthbullet arranged a funding of USD 5 million in the form of a convertible loan note for a period of 36 months.
USD
5 Million
Country
U.S.A.
Sector
Entertainment
Sub-sector
Music Platform
Deal Type
Business Expansion
Structure
Convertible Loan Note
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