Two entrepreneurs who use Lendified to grow their businesses have been featured in the Toronto Star during Small Business Week. The first, Achamma Matthews, migrated to Canada from India where she had owned a software company focused on agriculture. Today she is working on her latest venture, Ontario-based 360Growers Inc., which offers cloud-based software solutions for wineries and vineyards. Like many young companies with strong growth potential and a need for expansion capital, traditional lenders simply aren't an option.
"When you have good cash flow, all financial institutions will be after you to take their loans... but if you are a startup struggling with cash flow, it's another story."
Achamma decided to use a Lendified small business loan to grow her business. Since then, she expanded 360 Growers Inc. into Australia where a new office has been opened. We had the pleasure of speaking with Achamma during her latest trip down under and are pleased to say she is working on even more growth initiatives that Lendified will remain ready to support.
The second entrepreneur featured was Cher Grant, founder of Toronto-based Wazzio Inc. Wazzio is a 10-person team providing technology services to businesses looking to sell services online. When it came time to grow, they understood the challenges of getting a bank loan and decided to use Lendified to improve their web portal. Not only did this enhance their customer experience, but the new features opened conversations with technology giants including Microsoft.
"Lendified was great for us. They were there when no one else was."
As entrepreneurs ourselves, we understand the hard work, innovation, and dedication required to succeed. That is why we are so proud to see these two female entrepreneurs receive national exposure. We encourage you to read the full article titled "Fintech is here to increase your cash flow" to learn more about their stories and the benefits of using Lendified to grow your business.
Are you a Lendified customer with a story to share? Contact our team today so we can spread the word. Do you need a small business loan? Start your small business loan application now and receive same-day approval for up to $150,000.