ETC Provides $3.5MM E-Commerce Facility to Cashmere Apparel Manufacturer
Express Trade Capital (ETC) provided a $3.5 million B2C - ecommerce financing facility to a cashmere apparel manufacturer. ETC was able to quickly structure an e-commerce financing program to help them shear their sheep of expanding revenue.
The client signed with ETC more than six years ago and obtained a multi-tier facility that included factoring, PO financing and both documentary and standby letters of credit.