Start of relationship: 2022
Sector: Ecological transition
Activity: B2C distribution and maintenance of solar energy production and management systems
Our support (Stack): Finance, Tech
Specific features: Working capital financing / Impact / Fundraising
"Beem is a hyper-growth company with inherent complexity in its cash flow due to its production challenges on two continents and distribution via multiple offline and online channels. Our ability to find innovative financing solutions has reduced working capital requirements from ~150 to 15 days of activity. Our technology allows us to automatically manage dozens of different cash flows, enabling us to focus on improving profitability."
Using our reporting as a basis, we activate key levers
, to create value.
Identify and secure innovative financing levers to manage working capital and ease the operating cycle
Issues
- Structurally high working capital requirements related to the import of equipment from abroad
- Payment required upon shipment, resulting in immediate disbursement without generating short-term revenue
- Significant pressure on cash flow, limiting the company's ability to sustain its growth
- Need to extend runway ahead of Series A
Results
- Securing a factoring line enabling the average customer payment period to be reduced from 60 to 0 days
- Securing a line of credit with a financing option (UPAS) allowing the supplier payment period to be increased from 90 to 0 days
- Extension of the runway until Series A funding is secured
Supporting executives in the fundraising audit process
Issues
- Frame two financial tracking views: a commercial view (with revenue recorded at the time of sale) and an accounting view (with revenue recorded at the time of invoicing).
- Highlight business elements not reflected in the accounts to determine a normative EBITDA.
Results
- Secure audit
- Activation of Series A
Securing medium-term loans to give the company the means to invest in its production facilities
Issues
- Leverage Series A funding and secure additional financing to deliver on the planned business plan.
- Manage the existing banking pool (3 banks) and bring in a new entrant
- Managing bank counter-guarantee limit issues with BPIFrance
Results
- Securing a €4m loan from four banks
- Validation of counter-guarantees with BPIFrance
Results in figures
from devices obtained in inventory financing
of bank financing released
reduction in working capital in business days
"Hyper-responsive, flexible, trustworthy, with a clear edge in back-office and tools. They don't count their hours during busy times.
Great value for money!
They transformed their finances with us
