Manufacturing company secures blue-chip customers with a $5M factoring line

AR Funding is proud to welcome this baby-product manufacturing company as one of its newest clients.

AT A GLANCE

Industry: Manufacturing
Location: CA
Company size: ~$15M annual revenue
Reason for applying: Manage extended payment terms
Cash available through factoring: $5M

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PROBLEM: Longer payment terms created a financial strain

Started in 2009 by two co-founders, this company produces a line of innovative baby gear with the help of a team of five employees. Despite their small size, they have started to attract the attention of some of the country’s biggest retailers. 

But these types of retailers expected generous terms of up to 90 days, which was placing a strain on the company’s finances. 

SOLUTION: $5M factoring credit line

The company began exploring different financing options and decided that factoring was the best option because it would help them fill the gaps in their cash flow while giving them an unlimited ceiling on growth. 

After evaluating different factors, they chose AR Funding based on our competitive rates and extensive experience servicing manufacturing clients. We were able to offer them a $5 million factoring line to help them grow.

This happy client received financing with help from Courtney Moore, Regional VP, Northeast Region. Find out how much cash your company can access through invoice factoring. Talk to us.