How Specialty Capital Scales their Business more Efficiently with Cascade

About

Specialty Capital is a CaaS (Capital as a Service) company dedicated to helping businesses secure the financing they need to expand their business and exceed revenue goals. Specialty provides a variety of industry-specific small business financing options, with competitive rates and repayment terms.

Goals

Specialty Capital is expanding quickly and their capital partner encouraged them to evaluate Cascade as a platform solution that could provide real time reporting for both parties and a scalable infrastructure.

The capital partner sought enhanced transparency and visibility into loans, performance, and covenants in real time. Meanwhile, Specialty Capital aimed to streamline its loan operations with a scalable platform that not only offers insights to inform lending decisions but also reduces the need for extensive headcount to manage their portfolio.

“My lender needs to know what is going on and this gives them the transparency they need without an added operational burden on my team. Our ability to monitor our borrowing base daily and expedite the fundraising process with lenders in the future enables us to expand faster.”

Boris Kalendarev, CEO, Specialty Capital

Solution

With the Cascade platform, Specialty Capital was able to meet the reporting needs of their capital partner, improve their internal efficiency, and reduce their headcount needs for loan operations.

“The customer service is great.. They are true industry experts and have become invaluable trusted partners. Their team does a great job helping us better understand our loan docs and supporting us in the negotiation and structuring process. We’ll be a customer for life.”

Boris Kalendarev, CEO, Specialty Capital

Results

Specialty Capital experiences measurable savings with the Cascade platform. The platform provides continued and increased value as their business expands.

50% reduction in headcount needs

Improved lending strategy supported by advanced analytics.

40+ hours saved per month on loan operations

Improved relationship with their capital partners achieved through real-time, independent data feeds.

“The product is great from a headcount perspective. Before Cascade we were managing our loans in excel, and it took a significant amount of time to process 100,000+ rows with a complex model. We’re now able to do this in minutes, with less demand to expand the team.”

Boris Kalendarev, CEO, Specialty Capital
Founded
2021
Location
New York, NY
Investor Type
Alternative Lending
Specialty Capital

How Specialty Capital Scales their Business more Efficiently with Cascade

Founded
2021
Location
New York, NY
Investor Type
Alternative Lending

About

Specialty Capital is a CaaS (Capital as a Service) company dedicated to helping businesses secure the financing they need to expand their business and exceed revenue goals. Specialty provides a variety of industry-specific small business financing options, with competitive rates and repayment terms.

Goals

Specialty Capital is expanding quickly and their capital partner encouraged them to evaluate Cascade as a platform solution that could provide real time reporting for both parties and a scalable infrastructure.

The capital partner sought enhanced transparency and visibility into loans, performance, and covenants in real time. Meanwhile, Specialty Capital aimed to streamline its loan operations with a scalable platform that not only offers insights to inform lending decisions but also reduces the need for extensive headcount to manage their portfolio.

“My lender needs to know what is going on and this gives them the transparency they need without an added operational burden on my team. Our ability to monitor our borrowing base daily and expedite the fundraising process with lenders in the future enables us to expand faster.”

Boris Kalendarev, CEO, Specialty Capital

Solution

With the Cascade platform, Specialty Capital was able to meet the reporting needs of their capital partner, improve their internal efficiency, and reduce their headcount needs for loan operations.

“The customer service is great.. They are true industry experts and have become invaluable trusted partners. Their team does a great job helping us better understand our loan docs and supporting us in the negotiation and structuring process. We’ll be a customer for life.”

Boris Kalendarev, CEO, Specialty Capital

Results

Specialty Capital experiences measurable savings with the Cascade platform. The platform provides continued and increased value as their business expands.

50% reduction in headcount needs

Improved lending strategy supported by advanced analytics.

40+ hours saved per month on loan operations

Improved relationship with their capital partners achieved through real-time, independent data feeds.

“The product is great from a headcount perspective. Before Cascade we were managing our loans in excel, and it took a significant amount of time to process 100,000+ rows with a complex model. We’re now able to do this in minutes, with less demand to expand the team.”

Boris Kalendarev, CEO, Specialty Capital