Funds help fashion house
A fashion design business which is working on a new range for a celebrity has received a £100,000 invoice finance facility.
The Surrey-based company, which produces designs for leading brands, is led by an entrepreneur with years of experience in the rag trade and employs freelance designers.
The bespoke funding package will help support its supply chain and keep cash flowing during the 30-day wait for customers to make payment.
The business is currently factoring just one customer – a celebrity who is starting a new clothing line.