At Krestle, ensuring a steady flow of raw materials, seamless production, and timely deliveries to our customers is critical to our success. To achieve this, we rely on a strategic approach to funding that allows us to maintain flexibility, scalability, and resilience in an ever-evolving market.
Krestle has built strong relationships with local and international financial institutions to secure flexible credit lines and financing options. These partnerships allow us to manage working capital efficiently, ensuring we can meet the demands of procuring raw materials without disrupting production schedules. By leveraging credit facilities, we can maintain a healthy cash flow, which is vital for supporting day-to-day operations, especially during peak production cycles.
Krestle taps into various government funding programs and startup grants designed to support businesses like ours. These programs, aimed at promoting local manufacturing, innovation, and sustainability, provide us with crucial financial support at key stages of growth. By continuously seeking out new grant opportunities, we can reduce the financial burden of expansion and reinvest in research, development, and innovation.
Krestle negotiates flexible payment terms with our raw material suppliers, allowing us to manage costs more effectively. By extending payment windows or securing favorable credit terms, we can reduce upfront cash requirements for material procurement while maintaining strong relationships with our suppliers. This approach gives us the flexibility to increase production when demand rises without straining our cash flow.
We also recognize the importance of making our products accessible to a wider customer base. Krestle offers flexible payment plans and financing options for customers, allowing them to spread out the cost of large purchases. This not only enhances customer satisfaction but also boosts sales, creating a win-win situation for both our customers and Krestle’s financial performance.