Franklin Capital completed a $1,000,000 factoring facility for an apparel company. An existing client recently connected Franklin Capital with a new apparel company that had the opportunity to experience significant growth with their U.S.-made apparel line after receiving new orders from multiple national retailers. Unfortunately, they lacked the working capital to fulfill the orders.
Franklin Capital successfully provided the company with a $1,000,000 factoring facility allowing them to take on the new orders and grow their business.
"We are excited to have the opportunity to help this new, growing company. Franklin's dedication to structuring customized financing programs was the key to successfully helping this company get the financing they needed both now and, in the future," commented Sue Duckett, Executive Vice President, Franklin Capital.