From rejection to $2M: unlocking credit limits for North SailsNorth Sails is a global leader in sailmaking and sailing equipment, providing high-performance sails, sailing gear, and apparel for men, women, and children. Founded with a focus on innovation and quality, the company serves both professional and recreational sailors worldwide. North Sails is known for its advanced sail technologies, durable products, and strong commitment to customer support and sustainability, making it a trusted brand in the sailing community.
The ChallengeThe client approached us after
an unsuccessful attempt to obtain a credit limit. They needed a partner who could navigate the complexities of SINOSURE to unlock working capital.
Our approachWe conducted a thorough review of the client’s current and potential suppliers, and gathered all relevant documentation and operational information, ensuring a complete and accurate picture of each supplier. This hands-on, meticulous approach enabled us to identify two high-potential suppliers best suited to meet the client’s needs.
We managed all documentation and accompanied the client throughout the entire process, providing guidance and oversight at each step to ensure a successful outcome.
Results- As a result of our work, credit limits were successfully approved for both suppliers: $500,000 for one and $1.5 million for the other.
- Obtained 90-day payment terms for both
ConclusionThis case demonstrates that with the right expertise, even complex credit challenges can be resolved. By reaching out to us, clients gain access to tailored solutions and we can identify the most suitable options
to meet their financing needs.