Manufacturing
This line will help improve the company’s cash flow and keep the business growing.
Deal Summary
Product
Factoring
Funding Line Amount
$350,000
Company Type
Packaging & labels
Industry Type
Manufacturing
Location
Peru
This 50-year-old company has a commercial presence in Latin America offering flexible and intelligent packaging, balanced with with technology, experience, design, service, innovation and sustainability. Throughout the years, it has become well-known and respected for its production line and versatility with packaging for candy, food, beverages, complements, desserts, and snacks. Currently our client is a supplier of packaging products for companies such as Coca Cola and Gatorade.
Challenge
The company is growing, and its customers have terms of up to 90 days, which has generated problems with its cash flow; they needed a financial solution for the collection of its invoices.
Solution
The relationship with its clients has consistent and they experienced an increase in sales and notable purchases in Latin America. These signs of success and growth played key factors in our decision. ExpoCredit approved a factoring line for $300,000. This financial solution will help improve the company’s cash flow and keep the business growing.
