Case Study: Dudley Stephens extends cash runway by 6 months with Settle

Dudley Stephens extends cash runway by 6 months with Settle

Dudley Stephens, a women's apparel brand, faced significant challenges due to its seasonal business model. Purchasing inventory upfront created prolonged cash conversion cycles and inventory gaps, hindering growth. The founders needed flexible financing to buy inventory and invest in marketing without giving up equity or control of their company.

Settle provided Dudley Stephens with its Working Capital solution, which offered competitive rates and flexible financing. This allowed the brand to bridge seasonal inventory gaps, extend its cash runway by six months, and develop a new summer line. With Settle's support, Dudley Stephens was able to transform into a year-round brand.

Dudley Stephens