Sustainable Apparel Brand Secures $1 Million Invoice Factoring Facility with eCapital

May, 2024

Founded in Australia in 2012, this brand has established itself as a pioneer in technical first-on-skin layers and an innovator in the activewear industry. Their North American arm, based in Denver, offers a range of sustainable, high-quality socks, base layers, and accessories.

The fast-paced nature of the apparel industry requires agility and a steady flow of working capital. To manage manufacturing costs, supplier payments, and inventory effectively, the company sought a flexible financing solution. eCapital’s customized invoice factoring facility provides immediate access to cash upon completion of sales, alleviating cash flow concerns and allowing the company to focus on its core strengths.

Invoice factoring provides a significant advantage for growing businesses in the apparel industry. It bridges the gap between product sales and receiving payment, allowing for smoother operations and strategic investments. This financial flexibility allows the company to maintain a healthy inventory, fulfill orders efficiently, and pursue new market opportunities.