Case Study: CleverMade saves on working capital costs with C2FO Early Payment

CleverMade saves 20% APR and gets paid 50 days early with C2FO

CleverMade, a rapidly growing consumer products company, faced a significant challenge in managing cash flow gaps created by its explosive growth. As a new company with few financing options, it relied on expensive invoice factoring that charged an excessive 20% APR. To fund its operations and keep up with demand from major retailers, it needed a more affordable working capital solution, which it found through the C2FO Early Payment program.

By implementing C2FO's solution, CleverMade was able to access early payments on its invoices at a far lower cost than its previous factor. This provided the necessary cash flow to fund business growth, allowing the company to expand its product line and its retail presence to stores like Lowe's and Target. The vendor, C2FO, enabled CleverMade to save a tremendous amount of money on an annual basis, replacing its factoring company entirely.

CleverMade