NEWS / BLOG

DISTRIBUTOR OF HIGH-TECH EQUIPMENT

1-20-2016

Client/Industry:
U.S.-based distributor of high-tech equipment including computers, laptops, printers, monitors, servers, peripherals, and other devices.

Situation:
The Company markets its services throughout Latin and South America and sources products worldwide including North America, Latin America, and the Far East. They needed a financing partner with expertise in both domestic and foreign markets as well as the ability to grow with them.

TFS Solution:
Purchase order financing and receivables financing with initial $700K in credit; however, with the support of TFS the company has increased the operating credit to more than $2.0 million. The facility also helped increase sales by more than 100% with the corresponding improvement in profitability.

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