Republic Business Credit provides a $3 million factoring facility to support the expansion and working capital needs of a textile manufacturer.
Republic Business Credit provided a $3 million factoring facility to a growing West Coast-based textile manufacturer. The facility provides the Company with additional capital to expand operations and enter into more market segments. The Company focuses on quality products assembled through customized long-run requests with a variety of fabrics, including earth-friendly bamboo, wood pulp, and recycled cotton.
The Company sought an experienced funding partner who understood the industry and provided expert guidance to navigate the ever-changing market landscape. The Company is experiencing increased demand for its collection and anticipates double-digit growth in 2026 based on its current order backlog.
“Our extensive experience in the apparel sector made us an ideal trusted partner,” said Tae Chung, Senior Vice President, Republic Business Credit. “The domestic textile and apparel industry is a vital economic sector, and we are proud to support growing brands. While most of their business is wholesale today, we discussed how our partnership would expand as they develop going forward.”
The Company strongly supports sustainability efforts through tactics such as holistic farming practices and following high environmental standards from start to finish.
“We partner with dynamic founders who see our factoring product as a key tool to support their growth goals,” said Matt Begley, Chief Operating Officer, Republic Business Credit. “We are proud to support their factoring needs today, and we are well-suited to support their expansion efforts.”