Case Study: BoomBoom Naturals scales from $4M to $57M with Settle Working Capital

BoomBoom Naturals scales from $4M to $57M with Settle

BoomBoom Naturals, a maker of nasal sticks, faced a working capital gap due to long vendor payment terms and spikes in viral demand. With a lean team, managing manual reporting for alternative financing solutions was not scalable. They turned to Settle for a solution.

Settle provided BoomBoom with a consolidated accounts payable and purchase order financing solution, which delivered on-demand funding and eliminated manual processes. This allowed the company to focus on fulfillment and growth. As a result, BoomBoom's revenue grew from a $3-4M run rate to $57M, supported by Settle's $10M+ working capital facility.

BoomBoom Naturals