Case Study: Ten Thousand achieves better cash flow and inventory growth with Plastiq

Big goals and big growth mean a big need for the ability to use credit and float payments

The customer, Ten Thousand, a men's athletic apparel company, faced a challenge with working capital and maintaining inventory after a strong launch. They lacked the funds to keep products in stock and needed a way to pay their global suppliers. The vendor, Plastiq, provided a service that allowed them to use their Brex credit card for these payments.

Plastiq's solution enabled Ten Thousand to maximize their credit line and pay overseas vendors, which was crucial for efficient growth. This access to credit gave them the flexibility to cover fluctuating inventory costs and manage cash flow over a longer period. As a result, Plastiq helped the company manage its supplier payments and support its continued expansion.

Ten Thousand

Eugenio Labadie

Chief Executive Officer