- Funding
- $75K
- Product
- Line of Credit
- Industry
- Bakery & café
- Location
- Toronto, ON
How a neighbourhood bakery smoothed its seasonal cash flow.
“North Lending felt like a partner, not a bank. They understood our seasonal swings and gave us a line we could actually breathe with.”
Maple & Crumb had outgrown its first kitchen. Wholesale orders from local cafés were climbing, but the cash to buy flour, butter and packaging always landed weeks before those invoices were paid. During the holiday rush the gap got wide enough to keep Hannah up at night.
North Lending placed a $75,000 revolving line of credit that Hannah could draw on exactly when she needed it — stocking up ahead of the December peak, then paying it back down as wholesale accounts settled in January. There were no rigid monthly payments forcing her to drain the account during slow weeks.
“The first time I talked to North Lending, they asked about the business before they asked about the numbers,” Hannah says. “They got that a bakery doesn’t earn evenly across the year, and they built around that.”
A year later, Maple & Crumb has added two wholesale accounts and a second decorator, and the line of credit still sits ready for the next busy season.