$1,500,000 retail inventory facility for leather goods supplier

$1,500,000 Retail Inventory Facility

Designer & Manufacturer of Leather Goods Evolves with Retail Landscape

CLIENT

Founded in 1987, this company 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, they cater 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.

SITUATION

Like many Canadian retailers, the company faced 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 asset-based facility from Accord, the company has been able to realign their business.

With a focus on their online presence and their more profitable retail locations, the company is now well positioned to continue their 30-year mission of delivering quality locally-crafted products to their customers.

FINANCIAL SOLUTION

Accord was pleased to approve a $1,500,000 retail inventory facility to this Montreal-based designer and manufacturer. Our understanding of their brand’s position and the retail industry helped us tailor a made-to-measure financing facility.

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