Kathleen BarryComment

Rising to the Challenge

Kathleen BarryComment
Rising to the Challenge

In this case study, see how The Credit Junction helped a consumer electronics distributor overcome difficulties in their cash-to-cash cycle in time to meet demand for a key order.


ABOUT THE COMPANY

 

HQ Location: South Atlantic, United States
In Business For: 18 Months
Annual Revenues: <$5M
Management: Experienced in industry
Customer Base: Big-box stores in US, Canada, and Latin America. 

Consumer electronics map
 

 

THE CHALLENGE

Order Fulfillment: Management had secured large purchase orders from big box retailers, but had insufficient inventory to fulfill them.

Cash to Cash Cycle: Company suffered from a long time gap between the provision of final goods and the collection of payments from retailers.

Seasonal Ramp-Up: Company’s future financial performance was dependent upon their ability to build sufficient inventory ahead of the busy holiday season.

Working Capital: Company had identified major areas for innovation, but did not have the capital necessary to pursue them.

consumer electronics 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. 

 
consumer electronic solutions