C2FO
91 Case Studies
A C2FO Case Study
Graintex, Inc., a wholesale distributor of industrial machinery, hand tools and safety gear founded in 2005, faced working-capital pressure from long customer payment terms (75–90 days) and tighter, expensive bank financing. To address these cash-flow constraints, Graintex turned to C2FO’s early-payment working-capital program.
C2FO enabled Graintex to convert receivables into earlier payments—getting invoices paid before their due dates—which provided the extra cash needed to buy more inventory and increase sales. As a C2FO market member since May 2014, Graintex reports more consistent cash flow, shorter effective receivable cycles, and the ability to sell more items thanks to the affordable liquidity C2FO provides.
Sunny Sethi
CEO