SLR Business Credit closed a new credit facility for a leading U.S.-based textile manufacturer and one of the few remaining companies committed to producing fabrics entirely in the United States. The company produces a superior, yet labor-intensive fabric that demands exceptional attention to detail and product consistency supplying a variety of performance-based textiles critical to several industries. While many competitors have shifted away from this traditional technique, the company continues to differentiate itself through quality and craftsmanship.
After navigating a period of market and operational challenges, the Midwest-based manufacture is now on a strong growth trajectory. In support of this renewed momentum, the company required a flexible credit solution to fuel its expansion. SLR Business Credit stepped in to refinance the company’s existing bank line of credit and provide additional liquidity to support ongoing growth initiatives.
“SLR Business Credit took the time to understand our unique business model and the importance of our company’s product to a variety of industries,” said the Company’s President. “Their creativity, partnership-oriented approach and confidence in our management team are helping us execute our strategic vision.”
