ΕLPAR
A few words about the company
ELPAR was founded in 2013 and its main activity is the manufacture and trade of textiles, eg blankets, sheets, furniture covers, etc.
Over the last few years, overall sales show an upward trend, and the group continues to be profitable.
The challenge
The company was looking to increase the number of offered products to reach larger customer networks. The company was looking for funds to finance new product orders, but access to financing through the banking system was left without response. ELPAR addressed CNL Capital and asked for the financing of specific contracts.
One solution for all needs
CNL CAPITAL evaluated the commercial relations of ELPAR over the years and financed the new orders using as collateral existing client receivables (invoices).
Client Testimonials:
“My Collaboration with CNL Capital started in 2019 and goes on till today. Prior to joining CNL, I had the need to grow my company by offering more products and aimed to reach larger customer networks. CNL Capital gave me the solution immediately, quickly and efficiently. Together with my partners at CNL Capital, my company every year is growing more.”
Nikos Michailidis
Chairman of the Board, ELPAR
