Case Study: Merhone achieves faster cash flow with Earlytrade

Merhone on being paid on 7-day cycles

Merhone, a family-operated industrial electrical company, faced significant cash flow challenges due to waiting over 45 days for payments from a major client. This delay was especially difficult for their small business. To address this, director Josh Rhone turned to Earlytrade's platform for a solution to accelerate their receivables.

By using Earlytrade, Merhone was able to shift from lengthy payment cycles to being paid weekly. This solution provided them with reliable, accelerated cash flow without resorting to traditional debt-based finance. The measurable impact was moving from terms of up to 45 days to consistent 7-day payment cycles from their client, Cleanaway. Earlytrade provided a fast, simple process that significantly eased the company's financial operations.

Merhone

Josh Rhone

Director