- Provides funding to startup ventures and small to middle market companies, to facilitate expansion or restructuring.
- The Fashion Fund provides cash flow lending to our Managed Account Clients – No credit check required.
- The Fashion Fund will never take more than a 10% equity stake in a company it invests in
- The Fashion Fund may facilitate business loans without any equity stake to members of Fashion Buyers Network.
What is a fashion designers worse nightmare? It is finally get that big order. Why?
Because of the time frame from getting the, going through the manufacturing process, shipping it to distributors, wholesalers, retailers and then waiting an additional 90 days before your accounts receivable actually become late. In reality, in the fashion industry it can take up to 6 months before you get paid. This is why most fashion designers stay small. As long as you are willing to use USA based manufacturing. The fashion fund may be your solution.
Our preference for allocation of these funds is the fashion industry. The primary purpose for this fund is to keep the Embroidery and Textile Industry working. Our secondary goal is to bring that work back to the United States. The funds however, can be used for building any small business in the United States.