Calavera is a bio-medical company based out of Sunnybrook Health Sciences Centre that specializes in custom surgical tools and oral, facial, and cranial implant design. They have developed an innovative process that integrates the most sophisticated computer modeling and rapid prototyping technology with specific expertise in surgery, 3D imaging, and 3D design.
Like many other small businesses, Calavera’s team has to move quickly to be successful. “As the biomedical field is constantly changing, our research projects need to stay on schedule”, said Glen, the owner of Calavera. To keep his schedule, he has to make sure the team has the resources they need to get the job done. “This wouldn’t be possible without access to funds when we need it”, added Glen.
Unfortunately, it isn’t always easy for small business owners to get fast and affordable capital. Traditional lenders offer low rates, but their process is paperwork intensive, long, and there are no guarantees. Most business owners explore other financing solutions, but unless they get a quote from Lendified, are shocked by the cost of the options available to them. Fortunately, Calavera discovered Lendified.
“We needed to find a way to access capital quickly to help even out our cash flow and have more working capital for small projects and equipment”, said Glen. Through Lendified’s simple online process, Glen was able to receive a free quote in minutes and get the fast and affordable funding he needed. This allowed him to complete his project and have the peace of mind that Calavera had the working capital to move forward.
He continues to use Lendified to help support the growth of Calavera. “Without Lendified’s support this year, we would have found it difficult to stay on schedule. It made a big difference!”, said Glen.