Case Study: Harbor Industries improves cash flow flexibility with C2FO

Harbor Industries keeps cash flowing with C2FO as 90- to 120-day terms loom

Harbor Industries, a manufacturer of high-end retail displays, faced significant cash flow challenges during the COVID-19 pandemic as customers extended payment terms. To maintain operations and continue innovating, CFO John Gallagher needed a reliable way to accelerate cash inflows. He turned to the early payment platform from C2FO.

By using C2FO's platform, Harbor Industries gained the flexibility to selectively accelerate invoice payments at competitive rates. This solution provided predictable cash flow, allowing the company to reduce reliance on its line of credit, fund upfront project costs, and operate securely despite long customer payment terms. C2FO became a daily cash management tool for Harbor, crucial for maintaining payroll and seizing growth opportunities during economic uncertainty.

Harbor Industries