QCD Technology

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

Proven 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

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