TCJ Case Study

Anti-Corrosive Automotive Part Plating

 
 

About the Company: 

HQ Location: Midwest, United States
In Business For: 50+ years
Annual Revenues: <$5M
Management: Presided by company founder
Customer Base: Regional metal and auto parts manufacturers

 

 

THE CHALLENGE

Extended Terms: As volume from customers grew, they would seek to extend payment terms from 30 to 60 days, creating a cash-to-cash cycle liquidity issue.

Industrial Exposure: Company had survived the Automotive industry downturn, but had sustained losses before making it back to profitability.

Customer Base: Company had a small, regional customer base made up of second and third-tier suppliers to major OEMs.

Working Capital: Company had secured large orders, but needed working capital to fulfill them. 

Plating Challenges.png
 

 

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. 

 
Plating Solutions
 

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