Case Study: Carmen & Co achieves accelerated seasonal purchasing and improved cash flow with C2FO

Carmen & Co - Customer Case Study

Carmen & Co, a leading Canadian fashion watch company, faced significant cash-flow timing challenges: seasonal purchases made at the start and middle of the year but a more-than-four-month gap before merchandise is received and paid for, compounded by retailers extending payment terms. To bridge that gap and support seasonal buying, they adopted C2FO’s working capital/early-payment solution.

C2FO accelerates funds so Carmen & Co can make seasonal purchases when needed, at an APR lower than their bank, which has allowed them to reduce their bank credit line and reliably meet customer orders. Since joining C2FO in 2012 they report easier access to cash flow, helpful supplier relationship management, and measurable impacts including lower financing costs and reduced reliance on bank credit.

Carmen & Co