Small Business Case Study: Creative Flooring and Design

Creative Flooring and Design is a Canadian flooring business serving both retail and wholesale customers. In addition to individual homeowners, the business supplies bulk orders to builders and multifamily projects, offering volume discounts on larger purchases.

Summer is the busiest time of year for the business, and the more inventory it can carry, the better positioned it is to serve demand. Heading into the season, the owner needed additional capital to increase inventory levels and take on larger orders.

While the business maintained a line of credit with its bank, the available limit was not enough to cover the seasonal inventory push. Rather than replacing an existing banking relationship, the business needed additional capital to work alongside it.

Merchant Growth provided a financing solution that gave the business the extra capital it needed beyond its existing line of credit.

The process was smooth and easy from start to finish, allowing the owner to secure funding quickly and focus on preparing for the season.

With financing in place, Creative Flooring and Design:

•       Increased inventory ahead of the summer season
•       Positioned the business to serve bulk orders from builders and multifamily projects
•       Accessed capital beyond the limits of its existing line of credit
•       Entered its busiest season fully stocked and ready for demand

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