School Bus Transportation Service Case Study

 
 

ABOUT THE COMPANY

HQ Location: Northeast, US
In Business For: 10 years
Management: Experienced in Industry
Customer Base: Major school districts across several states. 

new-piktochart_block_1.png

THE CHALLENGE

Seasonal, Cyclical Business: Revenues for this company were highly dependent upon the 10-month school year (September-June)

Immediate Need for Capital: Need for influx of capital to support geographical expansion. 

Slow Collection of Receivables: While receivables were previously collected within 15-30 days, collections were now averaging 30-60 days. 

Managing Several Entities: Company had several unique entities, providing a challenge for some traditional lenders. 

challenges lumber
 

 

THE SOLUTION

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. 

 

Not a partner yet? 

Join us!