This Food Wholesaler Was Stuck With €300K in Unpaid Invoices, SimpelFin Freed Their Cash

A fast-growing organic food wholesaler delivered regular bulk orders to retailers across Europe. Business was booming but customers took 45–60 days to pay. The company had over €300K tied up in unpaid invoices and couldn’t afford to restock or hire.

🥴 The result:

  • Empty shelves and declining sales
  • Stalled negotiations with new retail chains
  • Operational burnout with a skeleton crew

How SimpelFin’s Currency Accounts & Payout Structuring Helped

They used SimpelFin’s multi-currency IBANs to manage and route international payments, along with strategic FX tools to increase returns.

✅ What happened next:

  • They centralized all payments, improving visibility and cash flow timing
  • Set auto-conversion rules to avoid FX losses
  • Negotiated better payment terms with customers using improved liquidity

SimpelFin gave them the financial control they needed and a way to scale without sacrificing operational efficiency.

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