Our client’s existing layout was at full capacity and inefficiently spread across two facilities. Plans to introduce design consulting services among Jouffre’s offerings was dependent upon having modern, upscale amenities for hosting prospective clients. Furthermore, Jouffre’s focus to date has been limited to the NYC market.

A first-time borrower and 100% foreign-owned enterprise, Jouffre faced significant financing hurdles.

1. For acquisition financing, a lender typically requires a significant amount of equity and a strong operating history. We strategically marketed the credit, emphasizing Jouffre’s high-end clientele, which represent a reliable, high-margin income source.
2. ThinkForward leaned heavily on its network of banking relationships, financing sources, and financial allies to secure $6M in mortgage financing.
3. We reduced operation costs using available government incentive programs.

As a first-time borrower, Jouffre benefited fromThinkForward’s team of legal, accounting, real estate, and financial experts, especially, to anticipate and navigate the various lender approval processes and requirements.

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The modern new facility houses a larger workshop and state-of-the-art machinery and equipment, ultimately, allowing the company to increase its production capacity and expand into new and upcoming markets, including Los Angeles, Chicago, and Florida.

The French atelier Jouffre has been doing business in the US since 2001. The company specializes in manufacturing high-end, custom upholstery, wall upholstery, and window treatments. A wealthy, exclusive client base has fueled steady growth over the years, including during economic downturns.