I. Oxwork

When he joined the company in 2014, David was Traffic Manager. He then rose through the ranks to become general manager of e-commerce, before acquiring Oxwork and now holding the position of president. His career path and the way he has transformed his company's model are remarkable. David is driven by a strong desire to break free from marketplaces and technology giants (GAFA) to increase his company's independence.

II. A need for cash flow financing

Oxwork used Karmen financing to meet its inventory challenges, particularly during the company's strong growth, as Oxwork essentially works on a just-in-time basis, but when a large order is placed, Oxwork needs to obtain the stock it needs to meet demand. That's why David turned to Karmen to preserve his cash flow.

III. Our response

Karmen was able to understand Oxwork's cash-flow challenges, and proposed financing tailored to its business model, which is subject to seasonality and large orders that put a strain on its cash flow. With Karmen's help, Oxwork was able to obtain the cash advance it needed to finance the purchase of inventory and generate additional sales.

By working with Karmen, e-commerce brands such as Oxwork can concentrate on their core business, without having to worry about cash flow issues, which can be a particular concern during periods of strong growth. In less than 48 hours, Karmen can release funds to finance your cash-flow projects in a fully digitized way, with no collateral requirements and no capital dilution.