TCJ Case Study

Athletic Accessory Designer and Manufacturer

 
 

ABOUT THE COMPANY

HQ Location: Northeast, United States
In Business For: 3 years                                                                            Annual Revenues: <$5M
Management: First-time entrepreneurs. 
Customer Base: Direct to consumer via e-commerce retailers 

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THE CHALLENGES

Entering New Markets: Company wanted to enter new markets and expand their national footprint.

Unproven Market: Company invented a new product to replace an industry mainstay, and therefore faced an uphill battle to gain traction.

Working Capital: Company needed working capital to expand their production in support of their growth plans.

Operating History: Relatively new nature of the company made it difficult for them to receive financing from traditional financing institutions.

athletic gear challenges
 

 

THE SOLUTION

The Credit Junction worked closely with the company and their management to craft a financing solution that met both their short and long-term needs.

 
athletic goods solution
 

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