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.

QCD Technology

Get financing and support for your global expansion
Tony Russell, president of QCD Technology, with a colleague
Tony Russell, president of QCD Technology, with a colleague

Entrepreneur challenge

QCD Technology needed working capital to develop new products and grow. The business wanted to launch its Sonic Tool Adaptor and make 10 units available for sale, which required a sizable investment. The company also required technological improvements and certifications.

BDC expertise

BDC provided two working capital loans to purchase the inventory required to develop their new product. A technology loan went toward engineering software and hardware. BDC Advisory Services also helped QCD obtain certifications.

Results

  • Increased market presence with certification
  • Investment in new software stepped up efficiency and fostered sustainable growth

30% +

increase in manufacturing on patent-pending product

12%

boost in revenue through exporting

Tell us about your project

Get financing to sustain your business’ growth.

Contact us
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