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C2FO Powers Early Payment Programs for the World’s Largest Companies.
Discover expert insights on working capital, cash flow optimization, supply chain management and more.
We believe all businesses can and should have equitable access to low-cost, convenient capital to grow and thrive.
Discover how C2FO gives HanesBrands more flexibility than traditional lending to manage their cash flow without exceeding their cost of borrowing.
If you don’t wear their products, you know someone who does. HanesBrands is a leading manufacturer of everyday basic apparel, and their impressive list of brands includes household names like Hanes, Champion, Playtex, and Wonderbra.
As a public company, quarter-end reporting is a critical part of HanesBrands’ overall financial strategy. Financial metrics like days sales outstanding, cash conversion cycle, and cash on the balance sheet can have a meaningful impact on the company, influencing stock price and ultimately the bottom line.
As an industry leader, HanesBrands has a lot of choices when it comes to working capital—but traditional financing options don’t always provide the flexibility it requires.
C2FO enables HanesBrands’ financial team to move invoice payments across quarters, increasing cash without increasing liabilities during key reporting periods.
C2FO’s flexibility also means the team can use the tool across its complex business structure in a way that is targeted and efficient as its cash flow needs change.
And the best part? They can do it all without exceeding the company’s cost of borrowing.
“We’ve been using C2FO for more than three years. As our business has grown, so has our usage of the program.”
With C2FO, HanesBrands can increase cash without increasing its liabilities.
C2FO offers a level of flexibility that other solutions don’t.
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