CASE STUDY

CEDiR

Why we use C2FO

  • We save around 300 basis points by using C2FO.
  • C2FO is very convenient for us because there are no contracts.
  • It’s so simple. I love that we can use C2FO with a mobile device.

“In Europe, it’s difficult to get bank advances. With C2FO, we can bypass the banks and access funding easily to increase production.”

FINANCE ADVISOR

For over 40 years, CEDiR has offered the highest quality tiles and building materials that are designed and produced 100% in Italy. Historically, CEDiR has had very strong sales and continues to grow. However, since the global credit crisis, it has become more challenging for many companies to secure bank advances. While CEDiR was able to access working capital funding, they found the C2FO option to be more favorable. “The owners have been very happy with the C2FO rates. We use the money to pay our suppliers on time and that’s good for corporate responsibility,” said the CEDiR Finance Advisor. He added, “In Italy, we’ve never seen anything like C2FO.”

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