Challenge:

A US manufacturer of cold press natural juices was looking to capture additional market share and develop their coming product line. The company was seeking a more flexible solution to fund this upcoming expansion. With new distribution contracts solidified and an already completed acquisition under their belt, the company turned to ENGS for a financing solution that would be able to provide the support required to facilitate future growth.

Solution:

ENGS was able to work with the existing lender and quickly establish a $2,000,000 Accounts Receivable Financing facility. The company is now in a position to access the cash required for day-to-day operations without the restrictive covenants that often come with bank managed facilities. As they continue to ramp up operations and expand their product offerings, the company can focus on important sales opportunities without the hinderance of constrained cash flow.

Regardless of the situation, ENGS’ flexible financing options can be put in place quickly to meet almost every need. Contact us today to tailor a full-service funding solution designed to Move Your Business Forward.