Tag Archives: Tully’s

Merchant Cash Advance Solution… How Tully’s Coffee Found Liquidity without a Traditional DIP Loan

When Tully’s Coffee found itself in a serious liquidity crisis and facing Chapter 11 bankruptcy, Deloitte CRG stepped in to secure a merchant cash advance. The authors provide insights into why this financing solution can be a perfect fit for any restaurant or retailer that lacks hard assets but has high credit card volume.