Case Study: Singing Machine Company achieves consistent supplier payments and increased working capital with C2FO

Singing Machine Company - Customer Case Study

Singing Machine Company, a 32-year maker of consumer karaoke and electronics sold globally, faced intermittent working‑capital shortfalls that made paying overseas manufacturing suppliers consistently difficult and left gaps not covered by their asset‑based lending. To address this, Singing Machine turned to C2FO, using C2FO’s working‑capital marketplace (C2FO Market Member since 2010) to access additional capital on a quarterly program cadence.

C2FO’s solution provided on‑demand access to capital that increased Singing Machine’s available line of credit and filled cash‑flow gaps, allowing the company to pay suppliers more reliably. As a result, Singing Machine improved supplier payments and working‑capital efficiency—outcomes the controller called a “lifesaver”—and noted further potential savings if large retail customers adopted C2FO.

Singing Machine Company