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TripleLite – A Really Bright Idea!

February 17, 2021 by Primary Funding

Imagine if the power goes out and you’re walking down the steps in your own dark basement. You cautiously take each step, one at a time, because the flashlight you have in your hand only spans a small radius. As you get closer to the bottom of the staircase, you miss a step because you didn’t have sufficient lighting to help you.

Co-Founders, Ronnie and Nancy Pritchett, started TripleLite in 2012 after Ronnie’s accident. The husband and wife duo came to Primary Funding in 2019 when QVC placed a large order that required a partnership to help. In 2019, QVC placed their first order of over 5,000 units as a “test run.” QVC aired the TripleLite product on its airwaves and sold out in only 7 minutes. It was at this time QVC came back and promised a much larger order.

Fast forward, exactly one year later to 2020, when QVC upheld their promise. This time, knowing the popularity of the product, they placed a large order of 19,500 units. Given the purchase order increase to almost four times the previously requested volume, TripleLite asked Primary Funding to help them with financial assistance so they could meet QVC’s larger order.
After seeing the success of the first sale, Primary Funding was more than happy to help their client grow. As the flashlights continued to sell at a rapid pace, Primary Funding was able to assist with continual daily fundings, giving TripleLite the cash flow they needed to manufacture more products and meet payroll.
As the popularity of their products continues to grow, TripleLite has expanded its distribution beyond QVC, and is now available at retail locations such as ACE Hardware and BIG 5 Sporting Goods. They were also approached to appear on the popular business focused television show, Shark Tank.
Here are some customer testimonials from their website:
“I really love the massive area that it lights up. I have no need for any other flashlight – just this one!”

“If you enjoy walking at night, this is the light for you. The larger Lite is like a pair of headlights and can light up the entire road ahead of you!”

“I love my TripleLite! In fact, I love it so much that I bought four as gifts for friends.”

TripleLite has 3 different product sizes: (1) Master T, (2) Mid T, (3) Mini T.

All their products are impact and water resistant, and all come in various color options. They can also print your company’s logo on any TripleLite product!

If you’re interested in ordering TripleLite flashlights, you can simply visit their website:
www.triplelite.com

Filed Under: Primary Funding, Small Business

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About

Primary Funding Corporation provides Alternative Business Financing Solutions to businesses. We help companies in just about every industry ranging in size from start-up to $25 million in revenue. Our financing products include Accounts Receivable Financing, Asset-Based Lines, and Equipment Loans. Loans made or arranged pursuant to the California Finance Lenders Law, License 6034157.

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Meet Richard Gendron, Our New President!

TELL US ABOUT YOUR JOB. WHAT IS IT LIKE WORKING AT PFC? … Read More

TripleLite – A Really Bright Idea!

Imagine if the power goes out and you’re walking down the … Read More

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