Textile and garment factoring. We specialize in funding options (invoice factoring, accounts receivable financing and purchase order finance) for companies in the textile and garment industry that regularly bill their customers on credit terms of up to 90 days or longer. Our solutions can help eliminate cash flow shortages that are common when issuing credit terms to customers and can help textile and garment manufacturers distributors and wholesalers.
Textile and Garment Factoring
Invoice factoring for textile and garment manufacturing distribution and wholesale companies
1 (800) 317-4933
ADVANTAGES OF INVOICE FACTORING INCLUDES:
- Hassle-free application to funding process
- Non-recourse factoring (we assume the risk for non-payment by any customer we are factoring for you)
- Factoring in the millions for your company's continued growth
- Facilities tailored to fit the funding requirements of our client
- High advances on receivable
- Very competitive rates and flexible terms
- Complete access to your account via our secured online portal
- Perform free credit checks on new customers 24/7
- Invoicing and collection services included
- Funding for well-seasoned companies and startups
- Plus other benefits
RECEIVABLES LINE OF CREDIT
Our receivables line of credit option is ideal for texile and garment manufacturers, is called a ledgered line of credit and offers many of the advantages of a traditional bank line of credit except for the restrictions that can hinder a company's growth should a financial covenant is not met during a review of their latest financials or an audit. A ledgered line of credit has no such restrictions.
A ledgered line is ideal for companies that are considering a traditional line of credit or are presently with an asset based lending or bank line and would like to get away from the strict requirements but maintain the features of a traditional line and competitive pricing. And unlike a traditional line of credit, there are no audits or restrictive covenants with respect to ratios, concentration, etc.
HERE ARE THE OBVIOUS ADVANTAGES OF A LEDGERED LINE OF CREDIT
- No audit requirements
- No restrictive financial requirements
- No restrictive covenants
- No financial ratio requirements
- No concentration restrictions
- No long application to funding process
- Plus other benefits
Let us help you take control. For more information, please submit this SHORT FORM. The affiliate office that handles your area will contact you shortly.
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