C2FO
91 Case Studies
A C2FO Case Study
Nxtera, a Hampshire-based software company that builds monitoring, automation and compliance tools, faced a working-capital squeeze as a “mature startup” reinvesting profits into product development while needing to pay salaries before customers paid. Banks were reluctant to lend to the business, so Nxtera turned to C2FO’s early-payment working capital platform to access funds more quickly.
C2FO enabled Nxtera to receive payments about 3–4 weeks earlier, giving immediate cash flow to cover payroll, support headcount increases and expand offices. The C2FO program, active since June 2015, proved cost-effective and ongoing, allowing Nxtera to manage growth without relying on traditional bank loans.
Stephen Bishop
Financial Director