$1.5M Retail Inventory Facility To m0851

$1.5M Retail Inventory Facility To m0851

THE TRANSACTION

We are pleased to announce that we recently granted a $1.5M retail inventory facility to m0851, a Montreal based designer and manufacturer of high-end leather bags, accessories and outerwear. Our understanding of their brand’s position and the retail industry helped us grant m0851 a made to measure facility.

THE CLIENT

Founded in 1987 by Frédéric Mamarbachi, m0851 specializes in the production and sale of full grain leather bags, accessories and outerwear. Over the years, they have built an innovative and authentic brand that is well established. Today, m0851 caters to a diverse clientele through their e-commerce operations and concept boutiques located around the world in places such as Montreal, Toronto, Vancouver, New York, Tokyo and Osaka.

THE CIRCUMSTANCES

Like many Canadian retailers, m0851 was faced with the challenge of adapting to the changes in the retail landscape. Building on the strength of their brand, which has become synonymous with top quality and highly functional leather products, and with the support of an ABL facility from Accord, m0851 has been able to realign their business. With a focus on their online presence and their more profitable retail locations, m0851 is now well positioned to continue their 30-year mission of delivering quality locally crafted products to their customers.

 

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