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With more than 28 years in the machining industry, the owner decided to start his own company. With just a few employees, the company started providing turnkey machining solutions for large corporations across the United States. The company grew exponentially and in 2003 was named one of America's Fastest Growing Companies by Entrepreneur Magazine.
With the rapid growth came a lot of capital expenses for their plant and equipment,, leaving little for ongoing working capital. With an average pay cycle of 45+ days, the company began to feel the cash crunch of keeping suppliers current while taking on new customers. The Magnolia Cash Flow Program provides the working capital the company needs to operate without cash constraints.
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