TCJ Case Study
Designer, Importer and Wholesaler of Arts and Crafts Goods
ABOUT THE COMPANY
HQ Location: Northeast, United States
In Business For: <2 years
Annual Revenues: Projected volume of $8M
Management: Experienced within sector
Customer Base: Supplier to big box retailers, including Target, Macy's, and Whole Foods
Inventory Management: Company secured new orders from big box retailers, but needed to grow their end-to-end capabilities and begin to manage inventory.
Competitive Space: Company operated in a very competitive space where they were highly exposed to fads and dilution.
High Growth Mode: Company was in high growth mode, and looking to add additional customers and diversify into other offerings.
Working Capital: Company wanted to grow their business without higher-cost debt or equity.
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.