By  on February 16, 2017

When a commercial lender or factor won’t do, Samsung C&T America Inc. might be an alternative option.

Samsung finances apparel firms with at least $5 million in volume and a need for back-office support. The program starts with financing of inventory. Because Samsung purchases the inventory, it oversees shipping to the U.S.; getting customs clearance; warehousing the product, and invoicing retailers. Samsung does the credit checks and handles collections from retailers.

To continue reading this article...

load comments
blog comments powered by Disqus