Needle & thread: Discover how apparel factoring can help your business
The apparel, textile and fashion industry has a long history of using apparel factoring for financing. With slim margins and slow payment timelines, apparel factoring is a must in order to keep businesses operational. In fact, it has been serving those in the clothing and fashion industry for hundreds of years.
Advantages of fashion factoring include speed, accessibility & familiarity:
Speed — The textile and clothing business tends to run on a hurry-up-and-wait cycle. As the manufacturer or shipper, you are in a rush to produce, package and deliver your product line. Yet you often don’t get paid until 30-, 45- or even 60-days later. Apparel industry factoring, which can get you cash for your invoices in 48-72 hours, is the best way to cover this payment gap.
Accessibility — Apparel factoring is available for business with invoices in good standing. As long as the invoices are legitimate and from a company with a solid credit score, you qualify for apparel financing. So even if your business’s credit is less than perfect or simply unestablished, as long as your customers are reliable, you can get the capital you need with apparel business factoring.
Familiarity — Like many industries, the textiles and apparels sector has its own set of rules and regulations. They can be somewhat complicated, involve international trade, import and export regulations, and more. Fashion factoring companies are familiar with the intricacies of the industry and understand why you need the money quickly. Because they understand how the industry works, you can trust them to handle your account right.
Financing a fashion line
In addition to financing textile manufacturers, apparel factoring companies can fund designers, small shops, and boutiques as well as major brands. Fashion factoring can help those in high-end fashion, as well as wedding and bridal fashion, mass-market fashion, warehousing, shoes and accessories, specialty lines, couture fashion, and more.
With fashion factoring, your business can get the capital it needs fast whether that is $5,000, $50,000 or even $500,000. No minimum is required to take advantage of apparel financing. So whatever part of the textile industry your business is a part of, apparel factoring can help weave the threads together.
Learn More About Apparel Factoring Companies:
- Shopping Guide to Invoice Factoring Companies
- Can Invoice Factoring Promote Company Growth?
- Factoring Receivables To Increase Business Cash Flow
Search Our List to Find Apparel Factoring Companies Near You:
Riviera Finance
1000 Mansell Exchange Building 300, Suite #340 Alpharetta, GA 30022
10320 Little Patuxent Pkwy Suite 200 Columbia, MD 21244
1925 18th Avenue NE Suite #115 Calgary, AB T2E 7T8
8307 University Executive Park Drive, Suite #250 Charlotte, NC 28262
17 W 415 Roosevelt Rd. Oakbrook Terrace, IL 60181
1333 Corporate Dr. Suite 117 Irving,TX 75063
8400 E. Prentice Ave. Suite 1500 Greenwood Village, CO 80111
11601 Pellicano Dr., Ste. B-5 El Paso, TX 79936
50 Harrison St. Suite #310-G Hoboken, NJ 07030
8410 N. Sam Houston Pkwy W Houston, TX 77064
3635 Quakerbridge Road Suite #4 Mercerville, NJ 08619
5870 SW 8th Street Suite # 6 Miami, FL 33144
3470 Washington Drive Suite #206 Eagan, MN 55122
3102 West End Ave. Suite 400 Nashville, TN 37203
4334 Northwest Expressway Suite 242 Oklahoma City, OK 73116
1 International Plaza Suite 550 Philadelphia, PA 19113
1029 H St. Suite 102 Sacramento, CA 95814
2025 Gateway Place Suite #370 San Jose, CA 95110
10430-1 Pioneer Blvd. Santa Fe Springs, CA 90670
1100 Dexter Avenue N. Suite #100 Seattle, WA 98109
2605 Enterprise Road East Suite #250 Clearwater, FL 33759
5780 Timberlea Blvd. Suite #103 Mississauga, ON L4W4W8
310 Airport Road Suite #500 Williston, ND 58801
1100 Dexter Avenue N. Suite #100 Seattle, WA 98109
800-872-7484
Liquid Capital
5734 Yonge St. Suite 400 North York, ON M2M 4E7
5525 N MacArthur Blvd Ste 625 Irving, TX 55038
1-844-228-0800
Robinson Factors, Incorporation
244 Fifth Avenue · Suite W226 , New York, New York , 10001
(212) 498-9756
Nationwide Transport Finance
2650 Lake Sahara Drive – Suite 200, Las Vegas, Nevada, 89117
(800) 624-3353
ALLEGIANT BUSINESS FINANCE
600 university st.ste#2328 seattle, WA(Washington), Seattle, Washington, 98101
(866) 377-0800
Gibralter Business Capital
400 Skokie Blvd #375 Northbrook,, Northbrook, Illinois, 60062
(847) 272-9618
Liquid Capital of South Texas
11703 Huebner Rd, San Antonio, TX 78230, San Antonio, Texas, 78230
210.587.7267
Graystone Capital (now SVBusiness Capital)
900 E Hamilton Ave #100,, Campbell, CA, 95008
(888) 370-7779
Diversified Transportation Finance
3100 Pinebrook Rd. Suite 2200, Park City, UT, 84098
(801) 821-0355
CarrierNet Group Financial
500 W 10th St, Sioux Falls, SD 57104, USA, Sioux Falls, South Dakota, 57104
(877) 747-2807
eCapital Freight Factoring
10100 W. Charleston Blvd Suite 220, Las Vegas, Nevada, 89135
800.705.1500
Universal Funding
16201 East Indiana Avenue Suite 2600, Spokane Valley, Washington, 99216
800.405.6035
Stonebridge Financial Services
330 Franklin Rd, Suite 135A-592, Brentwood, Tennessee, 37027
(615) 661-8245
Great Plains Transportation Services, Inc.
923 N State St, Fairmont, Minnesota, 56031
(800) 324-8214
Merchant Factors
1441 Broadway, 22nd Floor New York, NY 10018
6750 North Andrew Ave, Suite 200 Fort Lauderdale FL 33309
(213) 347-0101
Accord Financial Group
3500 Boul De Maisonneuve O Suite 1510 Montreal, QC H3Z 3C1, Canada
800-231-2977
American Receivable Corporation
12655 N Central Expressway, STE 675 Dallas, Texas 75243
(800) 297-6652
Factoring Solutions
Suite 304, 320 - 12th Ave NE Calgary, AB, Canada T2E 1A4
5462 South Perimeter Drive Kelowna, BC, Canada V1W 5C6
403-452-6227
