Franklin Capital Provides $1MM Factoring Facility to Apparel Company

Franklin Capital completed a $1 million factoring facility for an apparel company.

An existing client recently connected Franklin Capital with the apparel company, which had the opportunity to experience growth with its U.S.-made apparel line after receiving new orders from multiple national retailers. Unfortunately, the company lacked the working capital to fulfill the orders. Franklin Capital provided the company with the $1 million factoring facility so it could take on the new orders and grow its business.

"We are excited to have the opportunity to help this new, growing company,” Sue Duckett, executive vice president of Franklin Capital, said. “Franklin's dedication to structuring customized financing programs was the key to successfully helping this company get the financing they needed both now and in the future.”