Rho
6 Case Studies
A Rho Case Study
Caraway, a cookware and kitchenware company founded in 2018, was growing quickly but struggling with restrictive and unpredictable credit limits from its previous bank. Transactions were often declined, forcing the small team to constantly monitor balances and pay down cards just to keep operations running, which was especially disruptive for its direct-to-consumer business.
With Rho’s flexible corporate cards and automated finance tools, Caraway was able to increase its credit limit by 300% and better manage working capital. Rho helped the team save 10 hours per month and improved the AP/AR gap by 50%, giving Caraway more room to scale with less manual financial management.
Mark Riskowitz
Head of Operations