A local food grower realized the accounts receivable and inventory growth resulting from new accounts would exceed their current funding capacity and create liquidity problems in paying vendors.
Category: Case Study
Construction Company Partners Obtain Loan to Complete a Management Buyout
The founding partner of a Rhode Island site preparation construction company serving commercial and government clients was looking forward to retirement.
Attempt to Finance Inventory of Reusable Food Packaging is Hindered by Collateral Shortfall
The company designs and manufactures reusable food containers to reduce the use of disposal take-out containers by college, healthcare, military and industrial food service programs.