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SLR Business Credit Provides $3.5MM Credit Facility to Segula Technologies USA

Date: Jan 08, 2025 @ 07:50 AM
Filed Under: Staffing Services

SLR Business Credit funded a $3.5 million credit facility for Segula Technologies USA, a leading engineer staffing company serving top-tier aerospace, defense, automotive, and energy companies. The credit facility provides significantly more liquidity compared to their prior bank line, offering the company greater financial flexibility to support its rapid growth.

The tailored financing solution reflects SLR Business Credit’s ability to provide more favorable terms than traditional bank financing. This flexibility allows Segula Technologies USA, Inc. to continue expanding operations and respond to increasing demand for its engineering expertise.

“We are thrilled to partner with Segula Technologies USA, Inc. and support their ongoing success,” said Ashvin Viswanathan, VP of Business Development at SLR Business Credit. “Our ability to provide liquidity through a flexible financing structure will enable Segula to scale their operations efficiently while focusing on growth opportunities.”

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