The Hedaya Capital Group provided a $1 million factoring facility to a branded and private label women's sweater and knitwear wholesaler. Founded in 2012 and headquartered in New York since inception, the Company's goal is to provide their customers with stylish, well-made, and elegant apparel with good value. All of their products are designed in-house by a management and design team that has worked together for many years, providing the retailers and customers with continuity year over year.

The Company imports products from Asia, primarily China, and ships seasonally to department stores, outlets and major off-price retailers. Since pandemic supply chain challenges, the Company has refocused their business on the Fall/ Winter seasons. With a more concentrated selling season, the Company needed a working capital partner who could give them flexibility and support. 

The Company's principal was referred to Hedaya Capital’s Senior Advisor, Louis Barone, as well as by a former lender. Barone and Principal Alfred Hedaya worked with the owner to structure a custom facility that met his needs, and the trio quickly established a rapport. After completing its due diligence, the Company chose Hedaya Capital for its personal approach, speed, and flexibility.

“We’re pleased to provide certainty and steady cash flow for this company as they navigate overseas supply chain challenges, global economic uncertainty and fluctuating tariff laws,” Barone said.

The new facility will enable the Company to weather seasonal sales fluctuations, providing immediate cash flow from invoices and allowing them to cover costs for new inventory and production during peak seasons without taking on debt. Backed by Hedaya’s funding, the Company is well-positioned for future growth.