TCJ Case Study

School Bus Transportation Service

 
 

ABOUT THE COMPANY

HQ Location: Northeast, US
In Business For: 10 years                                                                            Annual Revenues: $30M+
Management: Experienced in Industry
Customer Base: Major school districts across several states.

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THE CHALLENGE

challenges school bus

High Seasonality: Revenues for this company were highly dependent upon the 10-month school year (September-June)

Capital Need: Company had a pressing need for an influx of capital to support their geographical expansion.

Collecting Receivables: While receivables were previously collected within 15-30 days, collections were now averaging 30-60 days. 

Managing Several Entities: Company had several unique entities, providing a challenge for some traditional lenders. 


 

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. 

Solutions school bus

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