TCJ Case Study
IT Cloud Infrastructure Service Provider
ABOUT THE COMPANY
HQ Location: South Atlantic, United States
In Business For: 10+ years
Annual Revenues: $20M+
Management: Entrepreneur with seasoned management team
Customer Base: Financial services companies and global multinationals
Fast Turning A/R: Accounts receivable paid in under 30 days, providing limited availability for a bank to lend against.
M&E Tied Up: Company had financing on their M&E that they didn't want to pay off.
Existing Bank Financing: Company had an existing bank line that didn't provide them with sufficient availability to support their growth needs.
Recent Losses: Company had losses due to significant up-front investment costs needed to support long-run growth plans.
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.