Phusia

Phusia.com

Meet Kyle Jollymore, CEO of Phusia

Phusia took big margin cuts

Their initial method of financing the purchase of their inventory was to buy through wholesalers as opposed to direct from manufacturers which meant prices were steep and margins were severely reduced.

"We were losing 25-40% [margin] for every item..."

Kyle Jollymore, CEO

Until they found a solution

Through a personal referral from one of their employees, Phusia found us and in just a few days time we erased their financing troubles by offering easy and affordable financing.

"You took time to learn about our business... I liked that, it felt like a partnership. Like we were doing this together and that was a really cool feeling, especially when I'm trying to raise capital"

Kyle Jollymore, CEO

Now they turn on the jets

With new financing and confidence in their cashflow, Phusia can grab tremendous market share and establish an even bigger presence in the ecommerce space.

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