CASE STUDY

Locknane

Why we use C2FO

  • It helped our company turn around our cash flow.
  • C2FO lets us pay our vendors sooner, which gets us inventory sooner and increases sales.
  • It’s great that you can choose when to use C2FO.

“Wow is all I can say. We got set up with C2FO at the beginning of 2015 and as of today we are cash flow positive.”

ACCOUNTING MANAGER

Locknane is a leading manufacturer and screen printer of vinyl aprons for use in butcher shops and delis of grocery store chains across the United States and around the world. They also do custom screen printing and embroidery of corporate apparel and produce promotional items. The company’s accounting manager came on board in 2013 with the goal of improving costing and cash flow. When their largest customer introduced her to C2FO, she was intrigued. She says, “I thought if we can get their cash flow quicker, it’ll help with our overall cash flow. Yeah, you offer a little discount, but it’s not too much to ask.” Within months, the company’s cash flow was back on track. She says, “I know it was 100% due to early payments through C2FO.”

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