TCJ Case Study
Consumer Electronics Distributor
ABOUT THE COMPANY
HQ Location: South Atlantic, United States
In Business For: 18 Months
Annual Revenues: <$5M
Management: Experienced in industry
Customer Base: Big-box stores in US, Canada, and Latin America.
Order Fulfillment: Management had secured large purchase orders from big box retailers, but had insufficient inventory to fulfill them.
Cash to Cash Cycle: Company suffered from a long time gap between the provision of final goods and the collection of payments from retailers.
Seasonal Ramp-Up: Company’s future financial performance was dependent upon their ability to build sufficient inventory ahead of the busy holiday season.
Working Capital: Company had identified major areas for innovation, but did not have the capital necessary to pursue them.
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.