Working Capital for Growth

The Credit Junction is proud of the work we do to provide financing solutions made to fit the exact needs of businesses across the country. Below, read about how TCJ helped an athletic accessory manufacturer enter new markets and reach new heights with our capital. 


 

ABOUT THE COMPANY

HQ Location: Northeast, United States
In Business For: 3 years                                                                      Annual Revenues: <$5M
Management: First-time entrepreneurs
Customer Base: Direct to consumer via e-commerce retailers 

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THE CHALLENGES

Entering New Markets: Company wanted to enter new markets and expand their national footprint.

Unproven Market: Company invented a new product to replace an industry mainstay, and therefore faced an uphill battle to gain traction.

Working Capital: Company needed working capital to expand their production in support of their growth plans.

Operating History: Relatively new nature of the company made it difficult for them to receive financing from traditional financing institutions.

athletic accessories 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.

 
athletic accessories solutions