Super G Capital Provides $1 Million Senior Secured Loan to Health Insurance Broker
A fast-growing insurance broker specializing in selling affordable self-insured health plans to municipalities and businesses with 100 plus employees.
The Financing Situation:
The Company was quickly seeking expansion capital to open 3 new office locations and hire new employees to support new clients it recently enrolled.
Super G specializes in funding businesses with monthly recurring revenue (MRR) and was able to quickly get comfortable with the Company’s recurring revenue, management team, and plan to grow the business. Super G quickly provided a $1.0 million senior secured loan in just a few weeks.