The Drive to Succeed

This case study highlights how The Credit Junction helped an automotive and metal part plating facility break through its restrictive cash-to-cash cycle and access much-needed capital.


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 automotive part manufacturers 

Auto Plating Map
 

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. 

Auto Plating Challenge
 

THE SOLUTION 

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. 

 
Auto Plating Solution