I. Sparklers

Since its creation in 2015, Sparklers has enjoyed exceptional growth, reaching global sales of 13 million euros in fiscal 2024. The company posts double-digit growth every year, with an ambitious goal of reaching 30 million euros in the next five years. Sparklers relies solely on bank debt to finance its organic growth, without having raised any capital.

II. A need for cash flow financing

As part of its expansion and the purchase of new inventory, Sparklers turned to Karmen to finance its frequent stock rotations. The company applied for two financing lines of €300,000 each, to support its growing demand. This financing is all the more crucial as Sparklers is in the process of building a new depot in Sète to support its development.

III. Our response

Karmen understood Sparklers' cash flow challenges and offered financing tailored to its needs. Thanks to this partnership, each 300 K€ financing line generated over 1 million euros in additional sales. This support not only secured the stock needed to meet demand, but also simplified the management of supplier payments, giving Sparklers greater flexibility in its operations.

By working with Karmen, Sparklers can concentrate on its core business without worrying about cash flow problems. In less than 48 hours, Karmen releases funds entirely digitally, without collateral requirements or capital dilution, facilitating the company's growth.

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