A Guatemalan-based privately owned fabrics and clothing manufacturer supplying the market with top quality products.
The Company needed increased cash flow to support the elongated inventory conversion cycle from the purchase of raw materials from U.S. suppliers to the sale of finished goods to wholesalers and distributors.
A $1,000,000 Supplier Credit facility will provide repayment terms of 120 days and allow the manufacturer to optimize working capital. Additionally, the Company did not have to tie up its existing bank line of credit to access this cost-effective financing.
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