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News Stories (19 Results) - Apparel

Pathlight Capital announced it is serving as the ABL Term Loan Agent on a $10 million first and second lien term loan facility to Manhattan Beachwear Inc., a designer and supplier of women’s swimwear serving all levels and channels of distribution in... view press release
January 29, 2019, 08:00 AM

North Mill Capital provided a $5,000,000 asset-based revolving line of credit to Sole Technology. Inc. Based in Lake Forest, California, Sole Technology provides authentic action sports footwear and apparel in more than 70 countries. The funds will... view press release
January 24, 2019, 08:00 AM

When a New York based investment bank referred over a recently closed buy-side engagement, Republic Business Credit provided a non-recourse facility to help the company realize its quadrupling revenue growth strategy over the next 12 months. The... view press release
October 29, 2018, 07:00 AM

Summer Infant, Inc., a global provider of premium infant and juvenile products, announced that it has executed commitment letters for an amended and extended $60.0 million asset-based revolving credit facility with Bank of America, N.A. and a $17.5... view press release
May 30, 2018, 08:00 AM

Tradewind closed a reverse factoring facility for a reputable UK-based fashion brand and retailer that sells menswear, womenswear, and accessories. Having office locations that intersect with the client’s suppliers in China, Turkey and Europe... view press release
May 30, 2018, 07:00 AM

North Mill Capital funded a $2,350,000 Asset Based Lending Accounts Receivable and Inventory Facility to General Sports Corporation is a wholesaler and retailer of sports equipment and apparel headquartered in Minneapolis, MN.The funds will be... view press release
May 11, 2018, 08:01 AM

Avidbank Specialty Finance, a Division of Avidbank that specializes in technology, sponsor finance and asset-based lending, has provided $6.4 million in credit facilities to America’s Thrift Stores (ATS). Founded in 1984 and headquartered in... view press release
March 16, 2018, 08:00 AM

Bibby Financial Services (BFS) announced a $2 million factoring facility delivered to a casual apparel company based in California. The company provides outdoor and surfing-themed t-shirts and other apparel to specialty retailers and to consumers via... view press release
July 31, 2017, 07:00 AM

Stonegate Capital has closed on a senior secured credit facility for the privately-owned menswear brand, Mack Weldon.  Based in New York, the company is reinventing men’s essentials with smart design, performance fabrics, and a simple customer... view press release
June 08, 2017, 08:00 AM

Sallyport Commercial Finance announced it has recently provided a $10 million Accounts Receivable Finance facility including a tailored $1.5MM Purchase Order Finance Line to a New York-based Apparel business.  For over 20 years our new client has... view press release
December 12, 2016, 07:44 AM

Strategy reported Canadian women’s fashion retail chain Laura has filed for creditor protection.According to the Strategy report, the Quebec-based Laura’s Shoppe Inc. was founded in 1930 and has over 150 stores in Canada under the Laura, Laura... view press release
August 10, 2015, 08:05 AM

DS-Concept Factoring, Inc. announced it has provided a $3 million export accounts receivable facility to an apparel exporter in China as well as their US subsidiary. The client, who provides products to retailers and wholesalers in the United States... view press release
November 05, 2014, 06:53 AM

The Great Recession changed the face of the banking and finance worlds for many businesses in the apparel sector. Over this period, many business owners turned to accounts receivable factoring to access flexibility in lending and the expertise a... view press release
August 12, 2014, 07:20 AM

Crossroads Financial announced that it has provided a $1 milion purchase order financing facility for a manufacturer and distributor of women’s apparel and accessories.  The company, a start-up without any vendor credit, turned to Crossroads to open... view press release
March 25, 2014, 07:26 AM

TAB Bank announced it has provided a $2 million revolving credit facility for a sports apparel company located in California.  The company produces, markets, and distributes skate and lifestyle shoes, apparel, and accessories.  The new facility is... view press release
February 27, 2014, 07:14 AM

Monroe Capital announced the funding of a $20.5 million unitranche credit facility to support the growth of an online retail company focused exclusively on distribution into the men’s apparel market.Monroe Capital LLC is a leading provider of senior... view press release
July 17, 2013, 07:32 AM

King Trade Capital (KTC) announced the funding of a $1.1 million purchase order finance facility for a New York-based apparel designer and manufacturer. The finance facility was structured in two parts, one for finished apparel imports, and the other... view press release
May 22, 2013, 07:26 AM

True Religion Apparel, Inc. has entered into a definitive merger agreement with TowerBrook Capital Partners L.P., the New York and London-based investment management firm, in a transaction valued at approximately $835 million.Deutsche Bank, Jefferies... view press release
May 13, 2013, 07:11 AM

King Trade Capital announced the recent funding of a $2.5 million purchase order finance facility for a New York based importer of men’s apparel. King Trade Capital was introduced by the client’s factoring company as its client was seeking to... view press release
March 12, 2013, 08:04 AM