FirePower gap debt: a non-dilutive solution to fund Spark RE Technologies' rapid growth

Posted on LinkedIn on August 282019:

Spark RE Technologies is streamlining real estate sales with smarter software designed for marketing, selling and managing new development homes. Customers, including property developers, project marketing agencies and brokerages, use Spark’s customizable platform to run their entire sales process.

With demand for the platform accelerating, Spark needed financing to fund its rapid growth, but wanted to hit a few more milestones before considering an equity raise. FirePower’s debt offering provided a solution, positioning the company to meet its growth objectives without the high cost of dilution. Simeon Garratt, Steven Hoang and the entire Spark team, congrats on the financing…we’re proud to be working with you, and excited to watch you grow!

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