C2FO
91 Case Studies
A C2FO Case Study
Hot Sauce Harry’s, founded in 1995, manufactures hot sauces, salsas and seasonings and sells licensed collegiate and private-label products. The company struggled with long buyer payment terms that constrained cash flow; to address this, Hot Sauce Harry’s uses C2FO’s early payment/working capital marketplace to access funds sooner.
Using C2FO’s Market (Hot Sauce Harry’s has been a C2FO member since April 2014 and participates weekly), the vendor’s early-payment solution lets the company draw cash ahead of receivables so it can pay suppliers and employees, invest in equipment, increase product availability and expand product lines. As a result, Hot Sauce Harry’s reports better cash management, faster growth and more product to sell — benefits the owner calls “fantastic.”
Kevin Harris
Owner and president