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Textile And Apparel Manufacturer

Challenge

  • A textile and apparel manufacturer required credit accomodations to keep from shutting down. The national corporate finance company that had been providing factoring services began experiencing financial stress itself, and could no longer provide adequate working capital.
  • The manufacturer was forced to find an alternate source of immediate financing

Solution

  • In March 2009, Franklin Capital provided a stitch in time – $1.3 million in credit accommodations
“Partnering with Franklin has enabled us to grow because it’s a cash backup for our business. We can now produce our products because we know that we have the cash flow to pay for the goods.”

President, California-based Game Board Distributor