Case Study: The Monkey Hook achieves faster cash flow and reduced borrowing costs with C2FO

The Monkey Hook - Customer Case Study

The Monkey Hook, founded in 2004, manufactures innovative drywall picture hangers sold through major U.S. and Canadian retailers. To improve its working capital position and reduce reliance on its line of credit, The Monkey Hook adopted C2FO’s early-payment/expedited payments program.

Using C2FO’s automated platform (they set their discount rate once), The Monkey Hook now receives payments in 10 days instead of 30, freeing cash to pay down an SBA loan and reduce draws on its credit line. C2FO’s solution has lowered the company’s effective APR versus its line of credit, cut interest expense, and delivered measurable, ongoing working-capital improvements.

The Monkey Hook