TRADERIVER CASE STUDY
Industry
Manufacturing Sector
Business
Food Manufacturing
Company Size
70 Employees
Location
Orkney Islands
OFS plays a very important role in the local economy and is one of the biggest suppliers of crab meat in the UK. Like many companies affected by elements of seasonality in their business, Orkney experiences peaks and troughs in cash flow. Orkney needed the capital to help shoulder expenses during the off seasons and to secure an all year product without an all year round supply
Result
TradeRiver enabled OFS to negotiate with new suppliers as well as existing suppliers and to pay on payment terms. Regardless of product seasonality, the facility provided Orkney with a safety net to alleviate any potential cashflow bottlenecks to create stability for fisherman, to enhance their local economy, and to serve their suppliers by providing them with reliable funding when and where they need it.
Funding
