Amid the Crowdstrike global outage, we are manually processing transactions and prioritizing clients with urgent disbursements planned for today. We invite our clients with time sensitive transactions to contact their BDC representatives directly for more information.

Amid the Crowdstrike global outage, we are manually processing transactions and prioritizing clients with urgent disbursements planned for today. We invite our clients with time sensitive transactions to contact their BDC representatives directly for more information.

Pollinate Networks Inc.

Get working capital to transition to a new business model
Christy Pettit from Pollinate Networks Inc

Eliminates the guesswork and complexity of matching people in organizations of all sizes

About the company

Uses Cross-Pollinate AI™ smart matching technology to pair and group people for agile and effective mentorship programs, teams and ecosystems

Location: Guelph, Ontario

Industry: Technology

Entrepreneur challenge

The company was looking for financing to shift from organizational development consulting to becoming a tech company that uses a proprietary matching technology to match people for mentorship programs, teams and ecosystems.

BDC expertise

BDC’s financing experts provided this longtime client working capital to help make the transition from a business with a transactional revenue model to a highly scalable SaaS platform. The bank was able to offer a discounted interest rate, principal payment postponement and a longer amortization period to protect the company’s cash flow.

Results

  • Protected vital cash flow to invest in growth of business
  • Grew the company without diluting ownership
  • Successfully pivoted to a new business model
  • Well-positioned for future growth

Tell us about your project

Get financing to sustain your business’ growth.

Contact us
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