Ramping Up to Fill a Large Order
Thanks to a superior product and solid marketing strategy, our client, a manufacturer of energy bars, was able to secure several large orders from well-known grocers and health food stores. Unfortunately, this success led to a cash flow problem. The large orders the company had worked so hard to obtain were now crushing its cash flow as it tried to ramp up production.
We opened a factoring facility for the manufacturer that allowed it to access cash immediately - versus the 60 days it might have had to wait under other financing arrangements. This facility eliminated the company's cash flow crunch, allowing it to fulfill its existing order and leverage this success to acquire new customers.