Technology - October 2016

Michelle Mobarak

Location: Albuquerque, New Mexico
Industry: Technology
Revenue: $125K per month
Facility: Invoice Factoring
Collateral: Accounts Receivable

The American Dream
This company has combined over 30 years of experience in grades K-12 and helped transform the classroom with everyday technology to the next generation of interactive learning. With the recent need to bring advanced technology to the classrooms, they are committed to providing quality training to the facilitators to ensure they are utilizing all the tools necessary to make them successful.

The Sterling Way - Financing Opportunity
Sterling was referred this prospect from a current customer who supplies them with their technical equipment. After speaking with the prospect, Sterling was able to uncover not only new educational contracts that was being signed but also that they are currently expanding into non-educational markets bringing virtual screens into the corporate world. With the Sterling financing in place they are expected to grow from $1.5 million to $5 million in 2017. Sterling is currently looking to provide purchase order financing to help support their continued growth.

Michelle Mobarak
Vice President/New Business Development