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Case Study
LitoCrop Hero

LEONID Supports Cutting Edge Engineering Firm Delivering Ruggedized Supercomputers to Special Operations Forces

LitoCorpSpec Forces IT & Engineering

LEONID is providing an AR Funding facility to a veteran-owned engineering firm pursuing the development of tactical supercomputers.

The facility is secured by the firm’s billed accounts receivable (and earned-but-unbilled accounts receivable). The funds will be used for working capital, namely staffing growth and additional contract capture efforts.

“We’re proud to support veteran-owned businesses bringing specialized services to government agencies, especially those critical to our National Security” Chris Lay, Co-Founder of LEONID, said. “And we look forward to providing them with the scalable funding needed to serve and win new contracts.”

Facility Funded
100k
RoR
Secured resources needed to begin servicing newly-won SOF contracts
Growth Result
327.6%

Capital is essential for early-stage companies to survive the Valley of Death. And when it seems like you can’t just hold out any longer, and that NET45 invoice will never come, be assured that Endeavor provides that saving grace to get you through the hardest times in building a company. Don’t let your entrepreneurial dreams die. Our trust and faith is in Endeavor.

lito
Lito Villanueva
Founder, LitoCorp