The Hedaya Capital Group provided a $5 million factoring and purchase order financing facility to a New York City-based clothing designer and manufacturer that offers a collection of brands.
The Hedaya Capital Group hired Louis G. Barone as a senior advisor. Barone has more than three decades of global banking, factoring, commercial finance and risk management experience, previously serving in executive roles at BHI, CIT and Israel Discount Bank.
The Hedaya Capital Group hired David Huber as vice president and portfolio and operations manager. Huber will manage and oversee the company’s factoring client portfolio and manage the account executive and operations teams.
The Hedaya Capital Group provided a $1 million factoring and inventory financing facility to a distributor of bedding and home goods.