Enterprise Bank & Trust
65 Case Studies
A Enterprise Bank & Trust Case Study
CK Power, an industry leader in engine distribution and power solutions, faced a significant challenge scaling its business after revenue grew from $60 million to $140 million in just two years. This rapid growth put a major strain on its working capital line, and the company needed a flexible financial partner, Enterprise Bank & Trust, to support its expansion.
Enterprise Bank & Trust provided the solution by more than doubling CK Power's working capital line of credit and financing 100% of an airplane acquisition to help service oil and gas customers more efficiently. The impact was substantial: sales trips were reduced from 3-4 days to just one day, creating new sales opportunities. Most importantly, Enterprise's flexible financing and local decision-making provided the capital and partnership necessary to directly support CK Power's continued growth.