Heavy Equipment Servicer and Distributor Case Study
ABOUT THE COMPANY
HQ Location: Mid-Atlantic, United States
In Business For: Nearly 10 years
Annual Revenues: $10M+
Customer Base: Direct sales to end-user
Changing Business Model: Company shifted business model from selling to wholesalers to direct to consumer sales. It needed help to complete shift in order further improve inventory and drive higher margins.
Restrictive Capital Source: Company had existing financing relationship that was restricting its ability to turn inventory quickly.
Declining Revenues: Shift in business model to direct sales model resulted in increased profitability, but lower volume and revenues.
Working Capital: Additional working capital needed for future inventory expansion.
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.