TCJ Case Study

Manufacturer of Pavement Products and Equipment

 
 

ABOUT THE COMPANY

HQ Location: South Atlantic, United States
In Business For: 10 Years
Annual Revenues: <$5M
Management: Experienced leadership, but new to pavement industry
Customer Base: Supplier to commercial pavers and builders 

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THE CHALLENGE

Large A/R Balance: Company A/R balance was disproportionately high in comparison to sales due to their recent rapid growth phase.  

Over Leveraged: Company was paying high rates to borrow short-term capital needed to fund their growth.

Seasonal Business: Company had much slower sales during Q1 than the rest of the year.

Working Capital: Company wanted to grow its business with additional equipment. Company also wanted to rationalize its capital stack.

pavement challenges

THE SOLUTION

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. 

 
Pavement Solutions
 

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