Case study #6: On the job for an IT staffing company.
Client: IT staffing company.
Situation: A satisfied past client started a new business with thin profit margins. Recalling the value that Cash Flow added to his previous business, he called on us again.
Solution: A $500,000 accounts receivable facility allowed the new business to take on more clients immediately and to adapt to their largest client’s new, extended payment terms.
Result: The company was able to grow with confidence and take on many more available contracts. Cash Flow will look to increase his credit line within the next several months.