A Boston-based, high-growth technology company uses The Receivables Exchange to smooth out cash flow and fund rapid growth.
Working Capital Challenge: Customer extended payment terms were restricting access to capital for growth.
An innovative distributor of web video content, Nabbr Inc. uses The Receivables Exchange to enhance working capital quickly allowing them to sustain their competitive advantage and expand their distribution network.
Working Capital Challenge: Outstanding invoices were causing liquidity issues.
The only U.S. manufacturer of certified heat-resistant glassware, Catamount uses The Receivables Exchange for short-term capital allowing them to take advantage of supplier discounts for raw materials.
Working Capital Challenge: Flexible working capital source without the onerous requirements and disclosures required by traditional lenders.
A leading U.S. manufacturer of all-natural wood pellets, West Oregon Wood Products uses The Receivables Exchange to increase working capital to fund daily operations and manage bills in off-season.
Working Capital Challenge: Traditional line of credit which was used for routine operating expenses was reaching the limit. Ability to take advantage of new growth opportunities was being limited by lack of working capital.
A leading outdoor clothing manufacturer, The Mad Bomber Company uses The Receivables Exchange to find affordable capital to expand and hire new employees.
Working Capital Challenge: Liquidity constraints made it difficult to fund aggressive growth plans. Traditional funding sources including banks and the subordinated debt market turned the company down.
A Long Island-based manufacturer and wholesaler, Stainless Steel Products uses The Receivables Exchange to control cash flow and take advantage of supplier discounts.
Working Capital Challenge: Controlling cash flow when customers extend payment terms on one side and suppliers demand payment for materials upfront.
A fast-growing animal products manufacturer, Ramard uses The Receivables Exchange to pay suppliers early and to cope with extended payment terms from its customers.
Working Capital Challenge: Heavy cash requirements for product development/production and customer extended payment terms, created a significant liquidity gap and strain on growth.
A New Jersey-based staffing company, Quorum Technical Services uses The Receivables Exchange to smooth out cash flow and keep up with recurring payroll obligations.
Working Capital Challenge: Factoring and bank financing could not provide the flexibility and control needed.
An Atlanta-based engineering services staffing firm, Mason-Grey uses The Receivables Exchange to increase cash flow whenever it needs to fund new business or hire employees.
Working Capital Challenge: With limited collateral available, financing options to fund growth were limited in amount and carried onerous restrictions and terms.
A diversified group of companies offering staffing services, EZ Payroll & Staffing uses The Receivables Exchange to fund daily operations and fuel growth.
Working Capital Challenge: Short-term financing to provide extra cash to meet immediate needs and also fund strategic growth initiatives came with onerous terms, costs and conditions.
An established health care staffing firm, Healthworks, Inc. uses The Receivables Exchange to smooth out cash flow and meet recurring payroll needs during seasonal fluctuations in business.
Working Capital Challenge: A reduction in business due to the economic recession and extended customer payment terms created significant liquidity constraints.
A national provider of specialized contracting services, Pinnacle Precision Services uses The Receivables Exchange to make payroll as its customers continue to extend payment terms.
Working Capital Challenge: Payroll demands compounded with customer extended payment terms strained cash flow and slowed growth.
A fast-growing animal products manufacturer, Ramard uses The Receivables Exchange to pay suppliers early and to cope with extended payment terms from its customers.
Working Capital Challenge: Heavy cash requirements for product development/production and customer extended payment terms, created a significant liquidity gap and strain on growth.
A Long Island-based manufacturer and wholesaler, Stainless Steel Products uses The Receivables Exchange to control cash flow and take advantage of supplier discounts.
Working Capital Challenge: Controlling cash flow when customers extend payment terms on one side and suppliers demand payment for materials upfront.