After 60 years and three generations as a family business, a $3M-revenue big-box retail display manufacturer found itself struggling through a third straight year of losses. Then, overnight, a large grocery chain changed everything with a $15M order — with a six-month delivery deadline. Unwelcome at the bank, the company turned to Marble Bridge, which put on a display of its own by:
- Funding the fulfillment of the $15-million order.
- Improving management of cash flow and enabling more timely vendor payments.
- Designing internal controls that sliced two-thirds off of a 120-day debtor collection cycle.
The result was on-time delivery of the game-changing order — and the company recording a profit of several million dollars.