Non-Recourse Invoice Factoring, Import Funding and PO Financing For The Footwear Industry
- Funding the Footwear Industry for over 2 decades
- Non-Recourse Invoice Factoring gives you Credit Protection
- We Work with Clients IRS Tax Issues & the non-bankable
- Client Concentration Funding & Slow Paying Customer Experts
- Entrepreneur Friendly
The footwear industry is forecast to grow to 211.5 billion USD by the end of 2018. High levels of working capital are essential for manufacturers, importers, and distributors to keep their businesses rock solid. When your large customer takes 75 days to pay we know what happens. Your footwear business keeps you awake at night without proper cash flow to cover an ever-growing payroll, new equipment, raw material and other essential operational costs.
If you are non-bankable, it does not mean you can’t take advantage of these growth opportunities in the footwear industry. Companies with IRS issues, start-ups, client concentration and bad credit can qualify for funding. Non-recourse import funding options offer credit protection against bankruptcy. The footwear industry gets cash in as little as 24 hours to continue to grow their business.
There has been much success in athletic and performance footwear as activewear has taken over for the new weekend apparel. Retailers are adapting to consumer’s connected lifestyles incorporating more wearable technology in their footwear. Online fashion footwear distributors and web sales are seeing large increases in growth. Larger online footwear retailers such as Zappos, ShoeBuy, Rent the Runway, Just Fab and Birchbox are taking their online following and offering their customers an in-store experience.
Take advantage of these tremendous industry opportunities through non-recourse invoice factoring, import financing, and purchase order funding. These funding packages give your footwear company the tools to improve cash flow, keeping your company profitable and strong.