On a Tuesday late last year, a client of ours called me in a panic.  He needed $4.4M in financing by Friday – just three days – in order to save a $20M contract they had just signed.

His company, a rapidly growing manufacturer of consumer product goods, was facing a high-quality problem – but a serious problem nonetheless.  It was a classic A/R-/A/P squeeze: their suppliers expected payment within 15-30 days, but their big client paid in 90 days.  And with ever-growing orders from the big client, they had an ever-growing need for cash to fund that AR/AP gap. I asked our client to immediately – within hours – to provide us with updated information, including financial statements, bank statements, and their client contracts.

In parallel, I and my team jumped into action and contacted a lender with whom we have a good relationship and primed them on the situation and prepared them to receive the info package from our client. To cut to the chase, over the next 68 hours, we were able to navigate multiple calls, emails, and texts to get our client all of the capital they needed on Friday morning and save their $20M contract.

This was the fifth financing we arranged for our client, indicating their ongoing trust that we can solve their needs.  In fact, they have just reengaged us to complete a consolidation of all of their existing debt facilities and secure a long-term structured debt facility that will grow with them.

This is a great example of Advantary’s commitment to our clients and our ability to execute mission-critical assignments on extremely tight timelines.

Contact Advantary Capital Partners to discuss your equity and debt financing needs.  We can help you find the right solutions quickly.