Lines of Credit
Our credit lines for companies in the fashion industry (from fashion to apparel and textile distributors, manufacturers and wholesalers) are secured primarily with the company's accounts receivables, plus other business assets (if any) such as equipment and inventory.
Our facilities which are available to companies that have been in business for a minimum of two years and meet other criteria offer advantages over the more restrictive lines of credit from FDIC banks. Funding on asset based lines of credit starts at $100,000 to over $15 million.
Asset based lines of credit for fashion
Our accounts receivable credit lines offer flexible funding options to companies in the fashion and apparel industries including:
Lines of credit are structured to meet the financing needs of fashion which can be tailored with additional facilities that include factoring and purchase order financing.
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