Case Study: Granite Gold boosts working capital and meets surging demand with C2FO

Granite Gold boosts revenue 40% to 50% with C2FO

Granite Gold Inc, a manufacturer of stone care products, faced an urgent need for working capital to seize a sudden opportunity during the COVID-19 pandemic. The company needed to rapidly finance raw materials to produce and distribute a new disinfectant, MonoFoil D, to meet soaring retailer demand. Their longstanding vendor, C2FO, provided the necessary financial solution through its services.

C2FO deployed capital quickly from its Capital Finance line of credit, providing Granite Gold with $300,000 in immediate working capital. This allowed the company to secure materials and fulfill large orders from major retailers. The solution from C2FO enabled Granite Gold to bring a critical product to market during the crisis, contributing to a 40-50% spike in company revenue during the pandemic period.

Granite Gold Inc