TCJ Case Study

Manufacturer of Neon and Industrial Signage

ABOUT THE COMPANY 

HQ Location: South Central, United States

In Business For: 25+years

Annual Revenues: $10M+

Management: CEO has managed business since inception; 100% shareholder

Customer Base: Many large, long term customers; banks, casinos, hospitals, stadiums, etc.

 
South Central.png
 

 

THE CHALLENGE

Operational Restructuring: Company was restructuring by consolidating locations, resulting in cash flow deficits and stretched A/P.

Liquidity Shortage: Company lacked liquidity, which created an order backlog with key, long term clients. Company needed additional capital to reach growth potential.

Refinance Factor Line: Company was financed by a factor that did not include Inventory or M&E in its borrowing base.

Customer Concentration: High concentration of A/R due from few customers, exposing company to additional risk.

 
industrial signs challenges
 

 

THE SOLUTION

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

 
industrial signs solutions
 

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