The Hedaya Capital Group provided a $2.5 Million factoring facility to a New Jersey-based high-end golf apparel brand that prioritizes the consumers’ athletic nature but can be worn for many engagements: athletic, personal, and professional. Launched by a trio of brothers and cousins, the founders crisscrossed the country, visiting country clubs to bootstrap a fashion-forward brand that would nurture consumers’ athletic nature, honor their core commitment to sports and high-level performance, and design unparalleled ultra-comfortable products.

Now sold in 2000+ country club shops, the Company began expanding to big box stores such as Bloomingdale’s, Macy’s, Saks Fifth Avenue, and more, growing their footprint dramatically. With booming growth and many varied accounts, managing the accounts receivable became cumbersome and time-consuming. The Company turned to their business advisor, a factoring industry veteran, who referred them to Hedaya Capital.

Hedaya Capital’s $2.5 million factoring facility has enabled the company to continue to expand, fueling investment in production, operations, staff, and design. It also provides consistent cash flow that enables the Company to pay vendors and suppliers timely, resulting in better credit terms and pricing. What’s more, Hedaya’s flexible approach allowed the Company to start gradually factoring its receivables, beginning with its big-box customers while slowly integrating its country club customers to ensure they had the proper process in place.

“Hedaya Capital helped us find a better process to keep our accounts receivable at a respectable and appropriate amount as growth exploded. They have been great in understanding where we are in our growth cycle, helping us to collect open receivables and provide flexible financing without bank restrictions. They made the transition smoothly and gave us the capital we needed to grow while alleviating stress at the same time.”  – Company CFO