Technology - December 2016

Michelle Mobarak

Location: Wixom, Michigan
Industry: Technology
Revenue: $500K per month
Facility: Line of Credit
Collateral: Accounts Receivable

The American Dream
This company provides their customers with fully-integrated solutions to create truly interactive and engaging presentations that encourage learning within the classroom and beyond. They strive for greater heights in quality, innovation, value, and customer satisfaction.

The Sterling Way - Financing Opportunity
Sterling was referred this prospect from a relationship manager at a local bank who was not able to provide them with the financing they needed. Sterling visited the company and after thorough review was able to uncover their needs and what they were trying to achieve. With all the new technology they had many orders but were not able to purchase inventory on a regular basis due to the timing from obtaining the products, invoicing and receiving payment. With Sterling financing in place they are now able to grow their business with and are able to purchase additional inventory and their sales are expected to grow from $8 million to $20 million in 2017.

Michelle Mobarak
Vice President/New Business Development