Republic Business Credit provided a $3 million factoring facility to a growing West Coast-based textile manufacturer. The facility provides the company with additional capital to expand operations and enter into more market segments.
The company is experiencing increased demand for its collection and anticipates double-digit growth in 2026 based on its current order backlog.
“Our extensive experience in the apparel sector made us an ideal trusted partner,” Tae Chung, senior vice president of Republic Business Credit, said. “The domestic textile and apparel industry is a vital economic sector, and we are proud to support growing brands. While most of their business is wholesale today, we discussed how our partnership would expand as they develop going forward.”
Matt Begley, chief operating officer of Republic Business Credit, added, “We partner with dynamic founders who see our factoring product as a key tool to support their growth goals. We are proud to support their factoring needs today, and we are well-suited to support their expansion efforts.”
