Treyd
13 Case Studies
A Treyd Case Study
Birk Sport, a Norwegian cycling specialist, faced the challenge of managing inconsistent payment terms from its global network of suppliers. These terms, which ranged from requiring hefty pre-payments to offering extended credit, created a tricky financial challenge and limited flexibility, particularly given the seasonality of their business. To increase their financing flexibility, they turned to the service provided by Treyd.
By using Treyd to finance a portion of their inventory, Birk Sport gained the ability to harmonize its supplier payment terms. The solution from Treyd provided crucial flexibility, allowing the company to pay suppliers early for discounts when liquidity was good or extend terms to spare working capital when it was tight. This freed up capital, enabling Birk Sport to broaden its product range, most notably with a successful new line of cargo bikes, and make purchases it otherwise could not have.
Kristoffer Skribeland
Chief Financial Officer