About Tank Stream Labs
Tank Stream Labs is a co-working space and startup ecosystem based in Australia, with locations in Sydney and Melbourne. It provides a supportive environment for startups, entrepreneurs, and small businesses to work, collaborate, and grow their ventures.
Tank Stream Labs offers various services and resources to assist startups and entrepreneurs in their journey, including talent acquisition services, recording studios, legal services, marketing support and events management.
The overall experience of using Fundabl was far more efficient than dealing directly with my bank for a loan facility. The technology built by the team creates a world class user experience and the competitive rates make the product very attractive compared to alternative sources of finance.
Brad Delamare (CEO)
Client Need
Funding to Take Advantage of Client Demand
Tank Stream Labs had experienced significant success, attracting a growing number of startups and entrepreneurs to their co-working spaces. As client demand continued to surge, Tank Stream Labs needed to expand their footprint to accommodate more members and provide enhanced services in their bespoke spaces.
Tank Stream identified a new location and needed some working capital to launch there but traditional banking options were taking significant time to get approved, so Tank Stream decided to seek an alternative funding solution at Fundabl.
How Fundabl Helped
Fast, Simple Funding on Demand to Launch a New Project
Tank Stream Labs onboarded with Fundabl and within 72 hrs, received the necessary working capital to be able to bring their new location online.
Fundabl’s efficient process eliminated lengthy approval periods, complex documentation, and stringent collateral requirements commonly encountered with other funding options.
Fundabl’s speed offered a solution for Tank Stream Labs when they faced a tough deadline to secure the location they were after and allowed them to grow and support the tech ecosystem.
