CIT Commercial Services has provided $100 million in financing to Wiesner Products, a designer, importer and distributor of men’s, women’s and children’s apparel and accessories. Wiesner aims for strategic growth through acquisitions and addition of new product categories that improve its product range and market reach.
“We are excited to offer this financing solution to support Wiesner Products’ expansion and operational needs,” Mike Hudgens, president of CIT Commercial Services, said. “Our expertise in factoring allows us to deliver tailored financial solutions that help companies like Wiesner maximize liquidity and drive growth.”
“This financing strengthens our financial position and gives us the flexibility needed to execute our strategic plans,” Charles Mizrahi, president of Wiesner Products, said. “CIT Commercial Services and First Citizens Bank’s extensive industry knowledge and tailored factoring solutions make them an ideal partner as we continue expanding our market reach.”
