Finance Resource Guide
Bibby Financial Services101 N. Westlake Blvd., Ste. 204Westlake Village, CA 91362(877) 88-BIBBYFax (805) 446-6112www.bibbyusa.comamask@bibbyusa.comContact: Anne MaskYear Established: Founded in 1807, the group operates businesses in 14 countries with more than $1 billion in assets. Bibby Financial Services funds more than $9 billion of receivables to more than 7,000 businesses each year.Territory: GlobalServices: Bibby Financial Services is a leading worldwide specialist in business cash-flow solutions for small- and medium-sized enterprises. Product portfolio includes receivable finance, factoring, export finance, purchase-order finance, and specialist solutions for the apparel industry.Competitive Edge: Fast, flexible funding solutions for companies from start-ups to those with sales volumes of $40+ million; streamlined, express underwriting for funding of $250,000 or less; competitive advance rates with 24–48 hour turnaround; family-owned for more than 200 years.CIT Commercial Services 300 South Grand Ave.Los Angeles, CA 90071Contact: Bob Lewin, Director of Business Developmentwww.cit.comYear Established: 1908Territory: The Los Angeles office serves clients in the Western United States and Asia.Services: CIT Commercial Services operates throughout the United States and internationally. CIT is the nation’s leading provider of factoring, credit protection, and accounts-receivable management services. Companies of all sizes turn to CIT for protection against bad-debt losses, to reduce days’ sales outstanding, and to enhance cash flow and liquidity.Competitive Edge: CIT’s breath of services, experienced personnel, industry expertise, proprietary credit files on over 330,000 customers, and comprehensive online systems are all reasons that clients say give CIT a competitive advantage.
Continental Business Credit, Inc.21031 Ventura Blvd., Ste. 900Woodland Hills, CA 91364(818) 737-3700Fax (818) 737-3703www.cbcredit.comvlionetti@cbcredit.comContact: Vince Lionetti, Executive VP/Marketing Director, (818) 737-3737; Hank Kalin, VP New Business Development (818) 737-3746Year Established: 1989Apparel-Related Clients: 60%Territory: United States Services: We provide full-service factoring, which includes local credit checking, collections, and accounts-receivable financing. We finance start-ups and provide Chapter 11 acquisition funding. What’s New: Through a joint development venture, AIMS and Continental are streamlining the factoring process for the apparel industry and have created an integrated system for the Credit Decision Process. Designed to shorten the processing cycle for order approvals, this system transmits information directly from AIMS to Continental, eliminating duplication, errors, and multiple touch points on retailer orders. Users receive immediate credit decisions while the software keeps track of orders in process.Competitive Edge: Service is our No. 1 priority; clients never get lost in the shuffle. We take the time to evaluate individual needs and provide solutions that produce results on a timely basis.First Capital Western Region, LLC700 S. Flower St., Ste. 2325Los Angeles, CA 90017(213) 412-1540Fax (213) 412-1541www.FirstCapital.comRGarber@FirstCapital.comContact: Ron GarberYear Established: 1987Territory: NationwideServices: First Capital’s Western Region is a specialized commercial finance company positioned to enable entrepreneurs to achieve their goals through working capital lines of credit in the form of factoring agreements and inventory loans.Competitive Edge: Our team of professionals is committed to understanding your business plan and providing timely and consistent funding decisions. Our size and scope make First Capital the preferred working capital partner—small enough to build deep personal relationships and big enough to deliver the ideal solutions.Goodman Factors3010 LBJ Freeway, Ste. 140Dallas, TX 75234(972) 241-3297Fax (972) 243-6285Toll-free (877) 4-GOODMANwww.goodmanfactors.comContact: Jessie Valdivia or Bret SchuchYear Established: 1972. We are the oldest privately held factoring company in the Southwest.Apparel-Related Clients: 60 percentAnnual Volume: $350 millionTerritory: NationwideServices: Recourse and non-recourse invoice factoring for businesses with monthly sales volumes of $10,000 to $2 million. Services include invoice and cash posting, credit and collection service, and cash advances on invoices (usually same day) upon shipment. Startups OK.Competitive Edge: Due to our relatively small size and centralized-management philosophy, our clients often deal directly with company management/ownership as opposed to an assigned CRM or account executive. Our size and accessibility enable us to provide flexible arrangements and quick decisions. New accounts can be initiated in as little as 24 hours.Green Hasson JanksContact: Sid Blum, Partnersblum@greenhassonjanks.comwww.greenhassonjanks.cominfo@greenhassonjanks.com(310) 873-1624 Services: Green Hasson Janks provides royalty audit services to apparel licensors. Widely recognized as an industry leader in royalty audits, the firm examines licensees to recover money, protect brands, preserve relationships, and enhance contracts. Partners at the firm have led more than 1,000 royalty audits, globally resulting in hundreds of millions of dollars in recoveries and achieving cost recovery on more than 90% of audits.MarcumStonefield, a division of Marcum LLP2049 Century Park East, Ste. 400Los Angeles, CA 90067(949) 428-3173Fax (949) 777-0288Mawr.Spiro@MarcumLLP.comwww.MarcumLLP.comContact: Mawr Spiro, Marketing ManagerYear Established: 1951Territory: We have 23 offices throughout New York, New Jersey, Massachusetts, Connecticut, Pennsylvania, California, Florida, Grand Cayman, and Hong Kong. The firm’s presence runs deep, with full-service offices strategically located in major business markets.Services: Marcum offers an extensive range of professional services and a high degree of specialization. In addition to traditional accounting, assurance, and tax, including domestic and international tax planning and preparation, the firm’s professional services include mergers and acquisition planning, family office services, forensic accounting, and litigation support. The firm has developed several niche practice areas including private equity partnerships; hedge funds; SEC registrants; services for the government, public and not-for-profit sectors; retail; construction; business valuation; bankruptcies and receiverships; and healthcare services.Competitive Edge: Marcum professionals combine practical knowledge with years of experience to provide a level of understanding and service that is unique among professional service firms. The firm takes a team approach to every engagement, ensuring the highest degree of technical knowledge, experience, and understanding of current issues and regulatory matters.Merchant Factors Corp.L.A. Office: 800 S. Figueroa St., Ste. 730Los Angeles, CA 90017Contact: Don Nunnaridnunnari@merchantfactors.com(213) 347-0101Fax (213) 347-0202www.merchantfactors.comServices: Credit checking of customers; credit protection; collections, receivable accounting; advancing funds; purchase-order financing Competitive Edge: Quick, non-bureaucratic decision-making and flexibility to meet clients’ needs. We have been in existence for 25 years and understand this business. We maintain strong client relationships.Milberg Factors, Inc.Main Office:99 Park Ave., 21st Fl.New York, NY 10016Western Regional Office:655 N. Central Ave., 17th Fl.Glendale, CA 91203(818) 649-8662Fax (818) 649-7501www.milbergfactors.comdreza@milfac.comContact: David M. Reza, SVP Western RegionYear Established: 1935Apparel-Related Clients: 65 percentTerritory: Primarily North and Central America, Europe, and AsiaServices: Factoring, credit protection, and asset-based and import/export financingCompetitive Edge: Milberg Factors offers a competitive menu of factoring, financing, and receivables-management products for entrepreneurial and middle-market companies with more personalized attention than larger institutional firms. A partner of our firm manages every client relationship. Our 70-year track record in the core factoring industry assures our clients that they will enjoy a stable relationship supported by a mature and experienced staff.Purchase Order Finance Group at Wells Fargo Capital Finance4141 Inland Empire Blvd, Ste. 350Ontario, CA 91764www.wellsfargocapitalfinance.com/pofinancemartin.a.eckstein@wellsfargo.comContact: Marty Eckstein(909) 481-6519 Fax (877) 752-2068 Year Established: The Purchase Order Finance Group at Wells Fargo Capital Finance has been assisting companies with their financing needs since 1991.Apparel-Related Clients: 25 percentAnnual Sales Revenues: The Purchase Order Finance Group provides facilities to companies with sales transactions in excess of $200 million.Territory: We assist apparel and consumer goods companies nationwide.Services: We provide purchase order financing facilities to support apparel companies’ inventory purchases when existing financing is insufficient or unavailable. Our purchase order financing programs are also an alternative to raising equity and losing part ownership or operational control of your company. We offer advance rates up to 100 percent of the cost of inventory, facilities ranging from $500,000 to $50 million, and letters of credit and other short-term funding solutions.Competitive Edge: Backed by one of the strongest financial institutions in the country, our customized purchase order financing programs work in tandem with a company’s existing financing source. We have extensive experience in working with apparel and accessory designers, importers, and distributors and are committed to serving companies in this industry.
This listing is provided as a free service to our advertisers. We regret that we cannot be responsible for any errors or omissions within the Finance Resource Guide.
