Balluun, a wholesale social commerce platform for fashion designers and retailers worldwide, and Merchant Factors announced a strategic partnership through which the firms will offer factoring services to thousands of existing and new Balluun members. The partnership will provide comprehensive factoring services to Balluun members with growing sales revenue.

"At Balluun, we've built a solid online platform serving the needs of thousands of innovative global brands and retailers who connect, collaborate, and conduct business around the clock," said Peter Koch, CEO of Balluun. "Our members use Balluun's rich functionalities to continually grow in size and take their business to the next level. Partnership with a reputable brand such as Merchant Factors allows us to offer powerful transaction capabilities to our existing members, while opening our platform to larger businesses that want to expand their business reach."

"We are privileged to work with such an imaginative team that shares the same passion and drive to grow business as we do," said Adam Winters, president and CEO of Merchant Factors. "Together with Balluun, our mission is to enhance the success of businesses with zeal, inventive ideas, and quality products."

Merchant Factors is a specialized finance company servicing the needs of entrepreneurial to middle market companies by providing A/R lending, credit protection, collections, and letters of credit among other services.

Based in Foster City, California, Balluun is a wholesale social commerce platform for fashion designers and retailers worldwide.