Earlytrade
14 Case Studies
A Earlytrade Case Study
Merhone, a family-operated industrial electrical company, faced significant cash flow challenges due to long payment terms of up to 45 days from a major client. To address this, they turned to Earlytrade's platform as an alternative to traditional financing options like factoring.
By implementing Earlytrade's solution, Merhone secured a low rate and began receiving payments on accelerated 7-day cycles instead of waiting months. This provided the company with reliable weekly cash flow, which was minimal in cost compared to the benefit. The result was a much simpler financial process, ensuring approved invoices were paid quickly and eliminating a major administrative worry.