Case Study: Oh Snap meets high demand and scales retail expansion with Clearco funding

Oh Snap scales retail expansion with Clearco’s 75-day funding support

Oh Snap, a direct-to-consumer mobile accessories brand, faced significant challenges managing capital during a period of intense growth. The company needed to cover the high costs of customer acquisition and handle payment lag times of up to 75 days from retail partners like Target, all while preparing for a major expansion. To meet this challenge and stay nimble, Oh Snap required a flexible capital solution from their vendor, Clearco.

Clearco provided a Rolling Funding solution that integrated seamlessly with Oh Snap's other capital partners. This flexible funding allowed Oh Snap to support high-demand product launches, such as the Snap Grip Stand, by enabling them to quickly pay more suppliers and raw material vendors to meet unexpected demand. As a result, Clearco's funding was crucial to the successful and timely launch of new products, providing the company with the necessary leeway to grow without being limited to seasonal capital.

Oh Snap