A New York-based apparel company partnered with Republic Business Credit to secure a non-recourse factoring solution, designed to allow the company to extend payment terms to its customers without assuming additional financial risk. This partnership aims to enable the company to meet recent, growing demand for its products and solidify customer relationships to support long-term growth potential.
“Republic has a deep understanding of the challenges and opportunities facing apparel companies,” William Kemp, senior vice president for Republic Business Credit, said. “We are pleased to apply our expertise to find a financing solution that meets their unique needs.”
“At Republic, we believe in the power of collaboration to drive success,” Matthew Begley, chief operating officer of Republic Business Credit, said. “We strive to find solutions that help companies not only maintain but significantly strengthen their already outstanding customer relationships. We are excited to see where this partnership leads in the future.”
