If you are a startup fashion designer or apparel company seeking funding to fulfill your orders, please contact us, our affiliate team should be able to help with accounts receivables factoring / invoice factoring and other funding options. Our funding solutions are available to startup fashion designers, apparel and textile companies, including manufacturers, distributors and wholesalers in the United States and Canada.
We can fund your credit worthy commercial customers with a process that is simple and straightforward. We offer two funding options for startups:
Our invoice factoring product allow our client to access funding on their open invoices with terms for payment of up to 90 days, what this means is that when you issue an invoice to your customer with a payment term of 30, 60 or 90 days, you don't have to wait that long for those funds to come in, we can purchase those invoices from you and advance as much as 90% to 95% within a few days after you have delivered your order and invoiced your customer, the difference of 5% to 10% that was held back is credited back to your account once we collect on the invoice, less our small fee.
Invoice factoring can also help you become more competitive when negotiating with new customers by providing them with 30 or 60 days credit on invoices. We conduct a free credit check on your customers, which can help you establish their credit worthiness before you agree to do business with them.
PURCHASE ORDER FINANCING
Funding in the form of purchase order financing is available to startups that have an established relationship / track record with their suppliers, meaning, that you have successfully completed previous orders with them. We can advance funds on on-going purchase orders so that you can fulfill those orders, and once you create an invoice, we can advance additional funds on that invoice which will pay off the purchaser order advance and can provide you with additional funds for working capital or any business purpose.
Funding for Fashion Startups
Our funding for startups is available to fashion companies including:
If you would like to speak with one of our startup specialists simply complete this Short-Form. For more information, please contact us at anytime.
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