Glidecoat creates surface protection and restoration products for cars, boats, and other motor vehicles. When President Paul Westhorpe was looking to increase his Purchase Order size, but didn’t want the company’s cash flow to take a hit, he turned to Clearco for support.
You provide the invoices. Clearco provides the funding.
With Glidecoat being a seasonal business, they typically like to have ample inventory on hand when approaching their busy season.
Glidecoat uses Clearco to pay for their large inventory invoices to prepare for their busy season.
“Clearco gives me the ability to purchase inventory in much higher volumes which helps secure better pricing. This benefit easily covers the cost of Clearco funding the invoice.”