Manufacturing

  • Steel Company

    Client historically sold on COD terms to customers but suddenly was forced to offer Net 60 day terms to retain key customer accounts. This resulted in a cash flow crunch for the business. In addition, the client had significant sales concentrations which made them unbankable.

  • Material Handling Company

    Client was unhappy with their former factor who was not timely in funding assignments of invoices. The client asked his equipment lender for a referral to a new working capital provider.

  • Vitamin Manufacturer

    The company was in the process of being sold to a new ownership group.

  • Baby Food Manufacturer

    The three-year-old company was experiencing rapid growth due to large orders from big box retailers. The bank was unable to increase its small credit facility.

  • U.S. Manufacturer

    The subsidiary’s parent company embarked on a major capital expenditure program, resulting in restrictions on intercompany advances.