When rapid growth, stacked receivables and limited credit was causing Loyal Source to burst at its seams, they partnered with SunTrust
When rapid growth, stacked receivables and limited credit was causing Loyal Source to burst at its seams, they partnered with SunTrust
2 PagesCase Study: Accelerating Growth With a Personal T ouch Company Overview: Loyal Source’s Smart Growth Story: Loyal Source was growing at a speed that made it difficult to scale effectively, as receivables and ongoing costs were stacking up. The company needed increased flexibility with its line of credit, which was maxed out. Loyal Source CEO Seth Eubank identified that they needed a bank that was familiar with the many hurdles involved in the government contracting landscape, and would be able to quickly respond and address issues as they presented themselves. They found this in SunTrust. The approach SunTrust took wasn’t only about avoiding obstacles for Loyal Source, but also prioritizing the promotion of new business as well. Loyal Source was interested in acquiring other busine
