C2FO
91 Case Studies
A C2FO Case Study
bobbysue’s nuts, founded by Barb “bobbysue” Kobren in 2008, is a national CPG brand selling a family recipe for spiced nuts and donating a portion of profits to animal rescue. The company faced a 60–90 day working capital gap between ordering ingredients and getting paid for finished orders and wanted funding for production without resorting to other finance options or asking suppliers for longer terms, so they turned to C2FO.
Using the C2FO platform (a Market Member since March 2015), bobbysue’s nuts bids for early payment at a self-set, favorable rate and receives payments much faster—on average about six days after invoicing. C2FO’s solution improved bookkeeping visibility, provided quick cash to fund inventory and growth, and effectively bridged the company’s cash-flow gap.
Adam Kobren
President