$960,000 Growth Flexible PrivateFinancing for PCR Kit Manufacturing Startup in Richmond, BC

A biotechnology startup specializing in PCR diagnostic test kits secured $960,000 in tailored growth financing through Syndicate Lending Corporation to expand production capacity and meet rising demand across Canada.

Client: Richmond-Based Biotechnology Manufacturer

Loan Amount: $960,000

Industry: Biotechnology – PCR diagnostic kit production

Purpose: Scaling manufacturing operations through flexible private financing solutions

Flexible Private Financing for High-Growth Biotech Manufacturers

A Richmond, BC biotech startup developing PCR diagnostic kits saw rapid growth in demand from clinics, laboratories, and national distributors. Although the company had strong purchase orders and proven product performance, traditional lenders hesitated—flagging limited operating history, industry-specific equipment needs, and insufficient tangible collateral.

This left the client unable to secure the capital needed to scale, despite clear market traction.

To maintain momentum, the company required fast, Flexible Private Financing to:

• Purchase advanced manufacturing equipment

• Secure essential raw materials

• Expand production output immediately

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Any delay risked jeopardizing time-sensitive medical supply contracts.

As a trusted boutique lending partner, Syndicate Lending Corporation (SLC) structured a strategic, customized lending solution designed specifically for rapid commercialization.

Financing Structure

• Loan Amount: $960,000

• Use of Funds: Equipment procurement, inventory expansion, working capital

• Terms: Flexible Private Financing tailored to accelerated manufacturing growth

  
  

SLC strengthened the funding proposal by showcasing the startup’s validated demand—confirmed purchase orders, distributor agreements, and detailed production forecasts. We also emphasized the management team’s scientific expertise and operational readiness, reinforcing the company’s ability to scale efficiently despite being in an early stage.

Leveraging our curated lender network and deep understanding of emerging industries, SLC matched the company with a lender prepared to support high-growth biotechnology operations through Flexible Private Financing that traditional banks could not provide.

Outcome

The biotech startup immediately scaled production, upgraded its equipment, and stabilized its supply chain. With increased capacity, the company successfully fulfilled existing medical supply contracts and secured new distribution partnerships across Western Canada.

The financing also enabled continued growth of their R&D pipeline, enhancing test sensitivity and accelerating additional diagnostic kits toward commercialization.

By delivering fast, Flexible Private Financing at a critical moment, SLC empowered the client to capitalize on market momentum and strengthen their position as a competitive PCR kit manufacturer in the region.

Syndicate Lending Corporation remains committed to supporting innovative biotech companies with tailored, strategic capital solutions built for real-world growth.

Discover how we’ve helped clients secure the funding they needed by exploring our case studies. Visit our services page to see everything we can do for you.

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Fill out our application form or reach out to us directly, and one of our expert mortgage brokers will work with you to create a financing plan designed to achieve your goals.