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How the Factoring Industry Has Adapted to a Changing Retail World

Finance

As the retail industry has changed into a split personality of online and offline shopping, so too has the factoring industry that finances manufacturers’ production and sales to clients.

The Effect of Rising Interest Rates on the Apparel Business

Finance

For nearly a decade, interest rates have remained near zero, meaning it was very inexpensive for businesses to borrow money. But those sunny days may be over. Twice this year, the Federal Reserve has raised the prime rate, and it is expected to do so again later this year.

What Stumbling Blocks Are in Store This Year for Apparel Makers and Retailers?

Finance

The California Apparel News recently spoke with several finance-industry executives about what challenges and bumps in the road apparel manufacturers and retailers are facing this year now that the uncertainty of the presidential election is over, but another set of uncertainties have cropped up under a new administration.

Industry Focus Finance: How Will Mergers in the Factoring Business Affect Clothing Manufacturers?

Finance

In recent months, there has been some consolidation in the factoring and banking business, with CIT Group acquiring OneWest Bank and Sterling National Bank purchasing a factoring portfolio from First Capital Corp.

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