Franklin Difference Success Stories Franklin-Clients

Craft goods distributor

Challenge

A once thriving craft goods distributor was suffocating under the weight of its massive inventory in a sluggish economy.

Their bank cancelled the company's line of credit, leaving them on the brink of shutting down.

Solution

Recognizing the strength of the company's assets, Franklin provided credit accomodations of over $600,000 on receivables and $500,000 on inventory to meet daily cash flow while the company transformed its core business.

Result

In the two years working with Franklin, the company has gone from impending closure to reinventing itself and is prospering in a time of economic turmoil

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"Franklin Capital's Management Team knows a lot more about business than normal bankers. They allowed us to stay alive."

President,
Illinois-based
Craft Goods
Distributor