working capital

The Borrowing Base Question Behind Customer Concentration

Customer concentration is not automatically bad. The question is whether the receivable strategy supports the borrower’s growth and the lender’s collateral view.

Assessment Focus

Business goal
Support customer concentration when it reflects good growth rather than unmanaged risk.
Receivable issue
One customer may represent enough receivables to affect credit comfort, lender eligibility, or cash-flow planning.
Why it matters
The company may need that customer to keep growing, so the answer should be structure rather than a reflexive no.

Key Takeaways

  • Customer concentration often appears because the company won meaningful work.
  • The issue becomes practical when concentration limits availability or creates discomfort around open terms.
  • An assessment can turn a broad concern into a specific path.

Concentration can be a success signal

A large customer relationship may be exactly what the business wanted. The assessment should recognize the opportunity while making the receivable implications clear.

The lender question is practical

If one buyer drives a large share of eligible collateral, the lender may need more comfort. coverage may help, but the decision should start with the borrower’s goal and the lender’s concern.

The path may include more than coverage

Sometimes the right answer includes coverage. Sometimes it includes terms, documentation, monitoring, or a partner referral. The value is knowing which path fits the goal.

What the assessment would review

  • We would review customer mix, peak balances, terms, credit-limit needs, lender treatment, and available carrier options.
  • The business goal behind the receivable decision.
  • Whether coverage or a vetted partner path can create practical value.

Next Steps

  1. Calculate top-customer share of AR.
  2. Identify whether concentration affects availability.
  3. Schedule a free assessment to chart the best path.

Source Notes

TCIA lead-funnel registry; COI cadence strategy