International Airplane Part Supplier Case Study
ABOUT THE COMPANY
HQ Location: South Atlantic, United States
In Business For: 10+ years
Annual Revenues: $15M+
Management: Multi-Generational Family Business
Customer Base: Public and private clients in military, civil, agricultural and law-enforcement sectors
Foreign Receivables: A significant portion of the company’s receivables were foreign.
Not Bankable: Banks did not want to finance the company due to its high concentration of foreign receivables.
Customer Concentration: Large concentration of sales to one particular foreign customer.
Working Capital: The company wanted to build inventory to shorten the sales cycle and improve customer delivery times but could not access financing.
The Credit Junction worked closely with the company and its management to obtain credit insurance and craft a financing solution that met both their short and long term needs.