California Apparel News

Bibby Financial Services

• 3027 Townsgate Road, Suite 140
• Westlake Village, CA 91361
• (877) 88-BIBBY Fax: (805) 446-6112
• www.bibbyusa.com
• sales@bibbyusa.com
• Products and Services: Bibby Financial Services is a worldwide market leader in business cash-flow solutions to small and medium-sized companies. With offices in eight North American cities and 14 countries around the world, its product portfolio includes accounts receivables finance, purchase order finance, and specialist expertise in the apparel industry. It is an approved lender for the Export-Import Bank's working capital guaranty delegated authority program. Bibby Financial Services is a subsidiary of a 204-year-old privately held company based in the United Kingdom. Whether you are a start-up or an established company with sales volumes over $60 million, Bibby Financial Services can offer you fast, flexible funding solutions to help grow your business.

Continental Business Credit

• 21031 Ventura Blvd., Ste. 900
• Woodland Hills, CA 91364
• (818) 737-3700 Fax: (877) 646-2497
• www.cbcredit.com
• vlionetti@cbcredit.com
• Contact: Vince Lionetti, Executive VP/Marketing Director, (818) 737-3737
• Year Established: 1989
• Apparel-Related Clients: 70%
• 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.
• 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.

Goodman Factors

• 3010 LBJ Freeway, Suite 140
• Dallas, TX 75234
• (972) 241-3297 Fax: (972) 243-6285
• Toll-free (877) 4-GOODMAN
• www.goodmanfactors.com
• Contact: Jessie Valdivia or Bret Schuch
• Products and Services: As the oldest privately held factoring company in the Southwest, Goodman Factors provides recourse and nonrecourse 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 upon shipment. Due to its relatively small size and centralized-management philosophy, its clients often deal directly with company management/ownership. Its size also enables it to provide flexible arrangements and quick decisions.

Hana Financial, Inc.

• 1000 Wilshire Blvd., 20th Fl.
• Los Angeles, CA 90017
• (213) 240-1234 Fax: (213) 228-5555
• www.hanafinancial.com
• jbahng@hanafinancial.com
• Contact: John Bahng
• Products and Services: Established in 1994, Hana Financial is a commercial finance company specializing in traditional factoring, trade finance, and international factoring. Additionally, it provides SBA loans and residential mortgage loans. Hana Financial has successfully transformed itself from a local start-up, primarily serving a niche market of Southern California, to a nationwide firm garnering businesses from all across the nation. It operates in over 28 industries in four countries, with locations in Los Angeles, New York, Seattle, Chicago, and Denver. It's also a member of Factors Chain International.

Merchant Factors Corp.

• 800 S. Figueroa St., Suite 730
• Los Angeles, CA 90017
• (213) 347-0101
• Fax: (213) 347-0202
• www.merchantfactors.com
• Contact: Donald Nunnari, regional manager
• dnunnari@merchantfactors.com
• Products and Services: Merchant Factors Corp., conveniently located near the garment center, offers traditional non recourse factoring, credit and collection protection, and letters of credit. Our local management team offers very quick responses to all inquiries and flexibility to meet our clients' needs. Established in 1985 with offices in Los Angeles and New York, we pride ourselves on strong client relations.

Rosenthal & Rosenthal

• 1370 Broadway,
• New York, NY 10018
• (212) 356-1400
• Fax: (212) 356-0910
• West Coast: 21700 Oxnard St., Suite 1880,
• Woodland Hills, CA 91367
• (818) 914-5904
• Fax: (818) 710-7868
• www.rosenthalinc.com
• sbreuer@rosenthalinc.com
• Contact: Sydnee Breuer
• Products and Services: Celebrating our 75th year as an independent, family-owned factoring company with a large focus on the apparel industry, Rosenthal & Rosenthal understands our clients' business and is able to cater to the needs of our clients, including prompt turnaround on requests, flexibility in structure, and a user-friendly state-of-the art on-line client system. Services include factoring, credit protection, collection, cash application, lending services, and letters of credit. We were established in 1938, and 75 percent of our clients are apparel-related.