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
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.
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.