Satellite Equipment Distributor and Service Provider
About the Company:
HQ Location: Mountain West, United States
In Business For: Nearly 15 years
Annual Revenues: >$15M
Management: Experienced in industry
Customer Base: Private and public companies in communications and oil & gas exploration space.
Credit Limits: Company had identified high margin, high turn inventory, but vendors would not supply them due to credit limits.
Turnaround: Company had suffered during the downturn, preventing it from receiving bank financing, despite being back to profitability.
Excess Demand: Company was unable to secure enough product to satisfy consumer demand.
Working Capital: Company was working hard to reduce inventory turn times, and knew that additional working capital would directly improve profitability.
The Credit Junction worked closely with the company and its management to craft a financing solution that met both their short and long term needs.