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Express Trade’s Benefits Become Apparent for a Fast-Growing Apparel Designer and Wholesaler
A pioneering fabric innovation company approached Express Trade seeking an effective strategy to capitalize on their imminent growth opportunities. Faced with increased demand from customers for larger orders and extended payment terms, the company encountered a challenge—suppliers offering limited credit, creating a gap. Express Trade, known for its tailored financial solutions, stepped in to craft a custom factoring plan.
Express Trade guided the client through the factoring process, illustrating how they could maintain a consistent cash flow while accommodating extended payment terms for their expanding customer base. In addition to Accounts Receivable (A/R) financing, Express Trade implemented a Purchase Order funding facility, providing crucial support for production when A/R advances fell short.
Empowered by newfound flexibility, the client successfully extended their payment terms, fostering stronger relations with customers and emerging as a premier supplier of outerwear for renowned streetwear brands. In the initial month alone, the client factored over $1 million in sales, swiftly preparing for the next surge in orders. Much like the client’s innovative fabrics, Express Trade’s assistance knows no bounds in helping clients stretch their visions. For optimized performance, Express delivers the perfect fit. To experience supercharged, exponential growth, explore Express Trade’s Big & Tall section for a truly tailored experience.