What is Invoice Factoring? Factoring is the
process of releasing cash from your invoices as soon as they are issued,
allowing you to improve your business cash flow.
Using purchase order financing gives you the ability to fulfill all your
sales orders, even those that exceed your norm in volume or scope.
Accounts Receivable Financing: A provider of receivables financing,
invoice factoring, inventory financing and working capital to businesses
in the US and Canada. Address: 2711 N. Halsted St. Suite 160 Chicago,
Illinois 60614 Phone: 800-971-3208 Fax: 800-971-3208 E-Mail: info@accountsreceivablefinancing.com
Contact Name: Dan Casey
Allegiant Apparel Factoring:
Factoring in the textiles and apparel industry allows companies in this
sector to keep producing goods even when their current invoices are not
fully paid and the companies are low on funds. The main purpose of apparel
factoring service is to provide continuous cash flow so to avoid any unnecessary
halts in the day to day functioning. Address" 600 University Street,
Suite 2328, Seattle WA 98101 allegiantfactoring@gmail.com Contact:
Reed Corry
altLINE Apparel Factoring:
altLINE provides accounts receivable financing and invoice factoring for
textile and apparel businesses across the US. Address: 400 Office
Park Drive, Ste. 220 ; Birmingham, AL 35223 Phone – 205-868-1515 E-mail
– connor@sobanco.com Contact:Connor Cranford
Amerifund Capital, Inc.: Amerifund Capital, Inc. is
a Factor (Receivables based finance company) that specializes in providing
cash flow assistance to growing companies. All financial and credit decisions
are made in house for faster service. Address: 712 US Highway One Suite
205 North Palm Beach Florida 33408 USA Phone: (888) 396-8787 Fax: (561)
863-0889 Email: amerifund@mindspring.com Contact:
Greg Dooley, Dir. Operations; Paul Joyce, Pres.
Apparel Textile Accountants/ Consultants Network (ATAC): Phone #
503 478-2131
Capital Factors, Inc. : Capital
Factors provides personalized, full-service factoring, including purchasing
accounts receivables for immediate cash, protection against bad debt losses,
credit and collections services, accounts receivable management, letters
of credit , inventory and equipment financing and cash management services.
The CIT Group / Commercial Services,
Inc. CIT (NYSE: CIT) is a bank holding company with more than $60 billion
in finance and leasing assets. For more than 100 years, CIT has provided
lending, advisory, and leasing services to small and middle market businesses
guided by unparalleled industry expertise and focus. Headquartered in New
York City, CIT is a Fortune 500 company. CIT operates CIT Bank, a full service
Utah state bank, which is regulated by the Utah Department of Financial
Institutions and the FDIC. Operating in more than 50 countries, we have
deep expertise across 30 industries. The CIT Group filed for chapter 11,
Sunday November 1st, 2009.
FactorSearch (provided
by the International Factoring Association
(IFA): The International Factoring Association's (IFA) goal is to
assist the Factoring community by providing information, training, purchasing
power and a resource for the Factoring community.
FashionFactoring.com
division of Corporate Factoring Group: Fashion, Apparel and Textile
Factoring Services and Purchase Order Finance - since 1978. Corporate
Factoring Group
is part of Corporate Finance New York. Address: 14 Wall Street, New York,
NY 10005-2123 - Phone: 1 888-984-4701 E-mail:
info@fashionfactoring.com This company can also be found at
ApparelFactoring.com
First American Merchant:
A merchant cash advance is a popular alternative to a traditional bank loan.
Unlike a bank loan, you can be approved if you've been in business less
than a year, and if you have credit scores as low as 460. A merchant
cash advance is a form of receivables financing that looks more at the strength
of your businesses cash flow than your personal credit. Recently banks have
tightened their credit requirements for business loans, especially for newer
merchants, so this new form of alternative business funding is growing in
popularity. Address: 12021 Wilshire Blvd Suite 626 LA, CA 90026 Phone
- (888)785-6811 E-mail - customerservice@emerchantbroker.com
FTC Commercial Corp.:
FTC Commercial Corp, is a global commercial finance company servicing clients
in the United States , Asia, Europe, Africa and Latin America who provides
a full breadth of financial services including factoring, accounts receivable
and inventory finance. FTC specializes in financing start-up designers in
the high-end apparel industry to public entities, including some of the
biggest names in the premium denim and contemporary sportswear and hair
care markets. Their highly trained team of specialists boasts over 100 years
of combined banking, commercial finance and private sector experience in
serving manufactures, distributors, exporters and importers of consumer
related products. As the factor of choice, FTC secures customers credit
needs from a multitude of financially sound institutions enabling its clients
to expand sales and profits with the security of knowing their customer
credit is protected. Address: 1525 South Broadway Street Los Angeles, CA
90015 Phone: 213-745-8888 Fax: 213-745-8887 Email: Contact@ftccc.net
Contact Name: Ken Wengrod
Gateway Commercial Finance, LLC:
Receivable factoring company proudly financing apparel manufacturers and
distributors. Gateway Commercial Finance has been included in the 2012 INC.500/5000
List of America's fastest growing companies. Address: 340 SE 1st Street,
Delray Beach, FL 33483, USA Phone: 1-855-424-2955 E-mail: marc.marin@gatewaycfs.com
Contact: Marc J. Marin, Managing Director
Hamilton Group (Delaware)
Inc.: Specializing in accounts receivable financing for small and mid
sized businesses. Address: P.O. Box 352 North Syracuse, New
York 13212 USA Phone: (315) 413-0086 Email:
info@hamiltongoup.net
Hilldun:
for the past 40 years, Hilldun has provided
Factoring and Financial Services to a variety of business owners including
manufacturers, wholesalers, importers, and service providers. Specializing
in the needs of small business, Hilldun can provide
a fast growing company with the working capital it needs while protecting
it from credit losses. Hilldun provides personalized
financial services with monthly detailed reporting on: Factoring Accounts
Receivable, Financing Letters of Credit,
and Guarantee Purchase Order Financing. Hilldun
has always believed in the importance of helping its clients.
HSBC United Kingdom / HSBC Holdings
plc: Offers factoring and financial services for textile and fashion
exporting to the United Kingdom. Invoice factoring is suitable
if you sell business to business on credit terms. Factoring can help you
to reduce current debt levels. Invoice Factoring is available to both existing
HSBC business customers and non HSBC customers, based in the UK and overseas.
Address: 8 Canada Square, London E14 5HQ Phone: +44 (0)20 7991 8888
IDB Factors (Division of IDB
Bank) At IDB, they dedicate themselves to providing quality service, personalized
attention and innovative products that further the success of their clients.
They merge time-honored tradition with cutting-edge technology to create
a secure, productive environment where long-term, multigeneration relationships
can grow.
J&D Financial:
they are a factoring company that factors worldwide.
They factor many clients in the clothing industry.
They are a direct lender and have been in business
for 30 years. They also do international factoring
and purchase order financing. These additional services
can be found at their sister website J&D
Financial at www.jdfinancial.com
(Tell them that Apparel
Search sent you...) Address:
12747 Biscyane Blvd. North Miami,
Florida 33181
USA Phone: 305-893-0300
Contact: Jonathan Carmel, President
Lyon Credit Services: Specializing
in credit reporting, spot factoring, debt recovery and marketing services.
Lyon has served many industries for over 130 years and provides service
to manufacturers and importers in the US and Canada. For
more information, contact them @ (800)935-5966
Address: 310 East I-30 Suite 105 Garland, Texas 75043 USA Phone:
800 935-5966 Fax: 972-203-9337 Email:
john@lyoncredit.com Contact: John Simon National Marketing Director
Merchant Factors Cop.
: they are committed to amplifying the growth of your business with their
forward-thinking financing services.
Purchase
Order Financing: Provider of purchase order
financing, trade finance, invoice factoring and AR financing in the US,
Canada and UK. Address: 7543 West Irving
Park Road Chicago, Il 60634 Phone: (800) 385-0660 Fax: (800) 385-0660 Email:
info@purchaseorderfinancing.com Contact:
Dan Casey
Rosenthal & Rosenthal Inc.:
Rosenthal is one of the nation's leading and most respected financial services
organizations. Their services include; full-service factoring and
acconts receivable management services, advance factoring, maturity factoring,
and collection factoring. Direct order-entry into R&R "Factronics"
systems for fast credit approvals; export factoring, trade finance services
(letters of credit); asset based lending. etc.
Secured Finance Network:
Can provide information about factoring and financial resources. The
Secured Finance Network (formerly the Commercial Finance Association) brings
together secured lenders, finance companies, factors, service providers,
and others who do the important work of providing the capital that fuels
our nations' economies.
Star Funding:
Since January of 1999, Star Funding has served hundreds of clients
across a variety of industries through Purchase Order Finance, Letters of
Credit and Factoring. While maintaining the highest level of customer satisfaction,
offering competitive rates and thinking outside the box of traditional lenders,
Star Funding can provide you with the financial solutions your firm needs.
Address: 237 West 37th Street, 5th Floor, New York, NY 10018 Phone:
(212) 768-9900 Fax: (212) 768-9800 Email: mwein@starfunding.net
Contact: Martin Weingarten
Sterling Factors:
Sterling Bancorp (NYSE:STL) is a New York based financial holding company
with a focus on small and mid-sized business markets. The Company, with
assets of $1.7 billion, offers a full range of banking and financial services
products, combined with a unique high-touch approach to service. Its principal
banking subsidiary is Sterling National Bank, founded in 1929. Sterling
provides a wide range of products and services, including commercial lending,
asset-based financing, factoring/accounts receivable management, international
trade financing, commercial and residential mortgage lending, equipment
leasing, trust and estate administration and investment management services.
Sterling has operations in the metropolitan New York area, North Carolina
and many mid-Atlantic states and conducts business throughout the United
States.
Sun Capital, Inc.:
Sun Capital Partners, Inc. is a global private equity firm focused on identifying
companies' untapped potential and leveraging its deep operational and financial
resources to transform results. Sun Capital is a trusted partner that is
recognized for its investment and operational experience, including particular
expertise in business and consumer services, healthcare, building products,
chemicals, general industrial, packaging, general consumer and food &
beverage. Since 1995, Sun Capital has invested in more than 365 companies
worldwide with revenues of approximately $50 billion across a broad range
of industries and transaction structures. Sun Capital has offices in Boca
Raton, Los Angeles and New York, and an affiliate with offices in London.
Sun Trust Bank Inc.: Sun Trust Bank
Receivables Capital Management Division has been delivering receivables
specific financial solutions to clients since 1939.
Vital Force Factoring
: The company provides accounts receivable
factoring services nationwide. They provide
factoring services for all industries, including apparel,
trucking, staffing,
manufacturing and many more. They have
been providing accounts receivable factoring services for over 60 years.
Address:620 Sw 5th Ave, Portland, OR Phone:1-866-593-2195 E-mail:
info@factormoney.com Contact: Andrea
Wells
Fargo Factoring : provides
traditional asset-based lending (lines of credit and term loans secured
by receivables, inventory, equipment, and real estate) to middle-market
companies in a wide range of industries throughout the United States. Loan
amounts range from $1 million to $30 million or more. Asset-based
facilities consist of revolving lines of credit and term loans secured by
accounts receivable, inventory, machinery and equipment, real estate and
certain other assets. Their lending professionals develop successful relationships
by providing customized solutions under a variety of lending structures
that reflect an understanding of each client's industry and needs.
Address: 119 West 40th Street New York, N.Y. 10018
Phone (212) 703-3500 Fax
(212) 703-3520 LA Phone # 213 443 6000 San
Francisco Phone # 415 222 8103
The fashion industry is always on the lookout for innovative ways to stay ahead of the curve. One way to do this is to make use of factor services. Factor services are a type of business that provides financing, inventory management, and other services to the fashion industry.
Factor services are designed to help fashion businesses manage their finances better and make necessary investments. This can include anything from providing short-term working capital to funding long-term projects. Factor services are essential for businesses that are looking to grow quickly and need extra cash to do so.
Factor services can also help with inventory management. The right inventory management system can help fashion businesses manage their stock better, ensuring that they always have the right items in the right sizes and colors. This can help reduce the risk of overstocking and out-of-stock items, and increase overall profits.
Another way factor services can help the fashion industry is by providing access to industry-specific tools. This may include software for designing, marketing, and producing garments, or services for creating an online store. These tools can make the production process more efficient and help fashion businesses stand out from their competitors.
Overall, factor services provide an invaluable resource for fashion businesses. They can help fashion businesses manage their finances better, make necessary investments, and access industry-specific tools. With the right factor services, businesses can stay ahead of the curve and continue to grow.
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