We were engaged by Waterbox, LLC, an eco friendly water provider with a blue chip roster of private label clients. They were experiencing a steep growth trajectory and needed operating capital to fund expansion plans.
Harbor Capital proposed a convertible note issuance program, which minimized borrowing costs and attracted the funds they required. As a result the business has continued its strong growth, increased its profitability, and has retired a substantial portion of the debt with minimal equity dilution.