Case Study: Band Supplies achieves faster, more reliable cash flow with Elcom, Inc.'s eFunding solution

Band Supplies - Customer Case Study

Band Supplies, a 40-year supplier of instruments to schools, bands, orchestras and music clubs, was struggling with cash-flow pressure from long payment terms and delayed final payments that made it hard to pay wages, maintain stock and grow. To solve this, Band Supplies engaged Elcom, Inc. and its eFunding Supplier Cash Flow Service to secure earlier access to working capital.

Elcom, Inc.’s eFunding advances up to 80% of purchase order value (and up to 100% of invoice value) within 48 hours at competitive rates, providing faster funds and lower finance charges than other lenders. As a result, Band Supplies has improved cash flow and flexibility to cover commitments and is better positioned to expand and diversify its business.

Band Supplies

Ronnie Tenant

Managing Director