Healthcare Company Receives Extended Terms for Barracuda Security Solution

Background

Industry: Healthcare

Customer: Leading healthcare provider for short & long-term care

Size: 100+ employees

Financials: Required extended terms

Challenge

Payment Terms Were Holding Back a Critical Security Purchase

The customer needed Barracuda security but required extended payment terms to proceed.

Solution

A Creative 36-Month, Below Market Financing Solution

TFC offered our partner a cost-effective, 36-month, below market financing solution.

Result

Customer Secures Security Solution Without Sacrificing Cash Flow

TFC’s technology partner secured the discount from Barracuda. The customer proceeded with the purchase, locking in a 36-month term instead of moving forward with just a 12-month agreement.

Technology Financing Solutions

Let’s get that next technology project off the ground. Contact TFC today to explore flexible, fast, and seamless financing solutions.

About TFC

Founded in 2004, TFC provides equipment financing services to a wide variety of companies from early stage to Fortune 100 and everything in between. TFC, as part of Kingsbridge Holdings and its parent company SLR Investment Corp., is backed by more than $14 billion in Assets Under Management.