The Hedaya Capital Group recently provided a $2.5 million factoring facility to a New York City-based apparel startup specializing in the import and distribution of fashion-forward apparel and accessories. The facility provides the working capital needed to support the company’s expansion, strengthen its supply chain and accelerate revenue growth.
The opportunity was referred to David Hedaya by another factor. After evaluating the management team’s strength, industry experience, customer relationships and growth potential, Hedaya structured a customized facility with higher advance rates and a lower cost of capital than was previously offered to the company.
Within three weeks of the initial introduction, The Hedaya Capital Group completed onboarding and delivered funding, providing the company with the liquidity necessary to execute its business strategy.
“Partnering with The Hedaya Capital Group’s factoring services has been a total game-changer for our business,” the company’s president and CEO said. “The seamless quote process and remarkably fast funding after every request have allowed us to manage our cash flow effortlessly. Thanks to their prompt responsiveness, we have been able to navigate operational hurdles smoothly and keep our day-to-day operations running without a single pause or disruption.”
The new facility enables the company to pay overseas manufacturers in a timely manner, increase inventory purchases, fulfill larger customer orders and pursue new opportunities with confidence. By aligning financing with the company’s sales trajectory, the facility provides the certainty and liquidity needed to support long-term success.
“We believe strongly in both the leadership team and their vision,” David Hedaya, account executive and business development officer of Hedaya Capital, said. “Their industry expertise, established relationships, and disciplined approach position them for significant growth. We are excited to provide the capital and flexibility they need to scale their business and capitalize on emerging opportunities.”
