Product: Factoring Line
Funding Line Amount: $500,000
Company Type: Construction and Remodeling
Industry Type: Construction
This company provides Graphic and Industrial Design, Photography and Architecture services, with special focus on point-of-sale construction and remodeling across the country. The company has more than 10 years in business, has well recognized customers in its portfolio with a strong demand for its services and is located in Mexico.
This Company needed additional working capital to meet the increasing demand of a major European client, which has an incremental 30-day delay in its cash flow cycle due to long ocean transit times to Europe.
ExpoCredit was able to approve a factoring line for this client which guarantees the continuous growth of their business in the face of longer cash flow cycles.
ExpoCredit helped this company increase payment terms to its primary customer.
ExpoCredit is helping this company with the working capital needed to manage seasonality
ExpoCredit helped this company to have the working capital needed to operate according to its demand