Asure Software, Inc.


Asure Software, Inc. (Nasdaq: ASUR), a leading provider of workplace management software solutions, engaged Monroe Credit Advisors to help raise a credit facility that would refinance the company’s existing debt at a lower overall cost of capital. Monroe Credit was tasked with finding a lender that could move quickly to provide the necessary capital and also had the capacity to support future growth opportunities.    


Monroe Credit Advisors worked with Asure to structure the credit facility and to effectively communicate the company’s evolving web based business model and cash flow generation capability given strong Saas (software-as-a-service) based solutions. Monroe Credit was able to run a pinpointed strategy with a select group of investors that could offer the proposed financing at an acceptable rate. Monroe worked with the company to choose the best lender to meet its short term and long term financing objectives and helped drive the process towards a successful closing.




Category 1