Case Study: Universal Standard extends cash flow runway with Plastiq

Universal Standard - Customer Case Study

Universal Standard, a size-inclusive fashion brand, experienced significant growth which created a need to better manage their cash flow. Their challenge involved long lead times with international vendors and large, ongoing advertising costs, making it difficult to align payments with revenue. They turned to the payment services offered by Plastiq to help extend their financial runway.

By using Plastiq, Universal Standard was able to defer major payments, such as their Facebook advertising spend, for several months. This solution allowed them to push vendor payments closer to when they actually sold the goods, greatly improving their cash flow management. The versatility of Plastiq helped the company continue its growth trajectory, providing a simple and effective tool to meet their evolving financial needs.

Universal Standard

Jason Rappaport

Chief of Staff and General Counsel