Apparel & Textile – Financing Fashion

Accord has served the apparel & textile business for nearly 40 years, providing flexible financing tailored to your business. Working with Accord is always in style.

Apparel and textile business financing is tailored to your unique needs.

Fashion-forward finance for the apparel industry

Success in the apparel business requires a unique ability to see into the future. Long lead times, for both retailers and wholesalers, present a unique buying challenge – orders are placed and goods put into production months before a shopper selects a garment off the rack. You need to know what that shopper wants long before they do.

As an importer or wholesaler, the time between paying for goods, shipping to customers, and collecting on your invoices is stretched as much as a full season or beyond. The last thing you need to worry about is how to finance the flow of goods. More importantly, you have to worry about the financial strength of your customers.

If you’re a retailer, you have the added challenge of bringing shoppers through the door or onto your website. Your retail space needs to stay fresh and compelling. And your product needs to turn over quickly, keeping aged inventory to a minimum.

Financial solutions tailored to retailers, wholesalers and distributors

Fast-paced decision-making together with extreme supply chain challenges can push your business to the edge. Simple bank financing is rarely enough – you need flexible solutions tailored to your business. We know, we’ve been financing the apparel & textile industries for 40 years. Ask us about:

  • Small business loans
  • Supply chain finance
  • Inventory finance
  • Accounts receivable financing/factoring
  • Accounts receivable management

With a deep understanding of your business, Accord’s financing solutions are always in style

Small business loans– access to capital has never been easier 

An AccordAccess small business loan is the fastest and most flexible way to invest up to $75,000 into your business. AccordAccess is ideal for:

  • Retailers looking to improve their store, or invest in new fixtures and equipment
  • Distributors who want to upgrade their warehouse facilities
  • Wholesalers with an opportunity to take on an unexpected purchase order

With terms up to 18 months, AccordAccess is the perfect way to finance your business today and pay off the loan as your business profits from the fresh capital.

Unlock value with supply chain finance

The AccordOctet supply chain finance program gives you a revolving unsecured line of credit, boosting your buying power without affecting existing financing facilities. Use AccordOctet to: 

  • Pay your suppliers fast
  • Negotiate discounts for quick payment
  • Handle peak seasonal periods
  • Take up to 120 days to repay Accord

AccordOctet effectively unlocks capital tied up in your supply chain. Use our money to pay your suppliers, and pay us back as you collect from your customers.

Stock up with retail inventory finance

Accord has been financing retail inventory for over fifteen years - serving retailers who require revolving lines of credit starting at $1 million up to $20 million. We focus on speed and simplicity, which is important if you are growing, or if you’re managing a turnaround or restructuring and traditional banks have turned you down.

Accord’s retail inventory financing program is a winning formula for the following reasons:

  • Advance rates up to 75% of the orderly liquidation value of your inventory
  • Retail inventory lines of credit start at $1,000,000 and can go up to $20,000,000
  • Your business isn’t subject to restrictive financial covenants
  • As with any asset-based loan, this type of facility grows as your business grows

Accelerate your cash flow with accounts receivable financing

Accounts receivable financing, including factoring, is a quick and efficient financing solution when your business:

  • Needs funds quickly to grow
  • Is faced with a timing gap between payments to suppliers and cash received from customers
  • Spends too much time juggling cash flow and too little focused on growth
  • Doesn’t have a strong credit profile to support a traditional bank line

Providing accounts receivable financing to small and medium-sized companies has been our core business since 1978. For financing from $500,000 up to $20,000,000, Accord is a quick phone call or email away.

Complete accounts receivable management – take the risk out of your receivables 

In the apparel business the landmines you must avoid are the ones hidden in your customer list. Even if you have strong and flexible financing for your business you can’t be sure all your customers are on the same solid footing. If your customer can’t pay you, who will? When you guarantee your accounts receivable management through Accord, we will.

Accord has been managing accounts receivable in the apparel & textiles business for nearly 40 years. We know how to make sure your invoices get paid on time. And when we set a credit line for your customers, you get risk-free credit protection, guaranteed.

Working with Accord is always in style

When you choose Accord as your financial partner, you’ve got one of North America’s most experienced teams on your side. We are dedicated to understanding the unique needs and challenges of your apparel & textile business—this ensures that our comprehensive financing solutions are tailor-made for you and your industry.

Give us a call and get to work with North America’s premier independent finance company.


Depending on the size of your project, there are options ranging from small business loans to asset-based lines of credit:

  • For smaller projects in the textile industry, AccordAccess is a great solution, offering small business loans designed to provide your company with fast and flexible capital tailored to your business’s needs.
  • For larger projects in the textile industry, you may want to consider asset-based lending, which can provide financing on your accounts receivable, inventory, equipment and offer letters of credit for imports.

The clothing and textile industry has a wide range of company types from manufacturing to end consumer sales.

Asset-based financing allows you to use various company assets as collateral to access the working capital you need.

Other solutions include:

Fashion furniture lines, or any retail establishments, can receive financing with a simple qualification of having an adequate amount collateral to sufficiently secure the debt.

So you can quickly get retail inventory financing as part of an asset-based financing program. Retail inventory financing facilities are available for your business in amounts ranging from $1 million to $20 million.

Apparel purchase order financing refers to a business loan where a lender provides loans or extends other forms of credit to enable you to fulfill orders from your customers.

In addition to our inventory financing programs, Accord offers solutions specifically designed to help importers like you finance orders from their customers. With AccordOctet, you can finance purchases from suppliers for up to 120 days.

Additionally, as part of an asset-based loan facility, we can guarantee letters of credit to your suppliers for the purchase of pre-sold finished goods inventory. Both these programs allow you to finance purchase orders from your customers and access additional leverage to grow your business.

Yes. The best way to finance your direct-to-garment printing machines, among other garment and textile machines, is through equipment financing.

Garment, apparel and textile equipment financing is a type of business loan or lease that leverages your equipment to provide additional working capital to invest in the operations and growth of your business.

Yes! Accord offers financing to small businesses of all sizes in a variety of industries, including the apparel and textile industry.

Discover our small business loan solutions or call us to discuss how you can benefit from small business loans: +1-844-932-9940 (Canada) /+1-844-725-4225 (US).

The best way to finance your clothing store acquisition is through a lender with extensive experience facilitating acquisitions.

With over 40 years of experience, Accord offers tailored solutions that cover all your acquisition financing needs. Please contact us directly to learn how you can get financing for the acquisition of a clothing store, garment, apparel and textile equipment, or any other type of business.

Do you have a question or ready to take the next step?

Client Testimonial

“Groupe JS International has been in business for more than 40 years. Over the last year and a half we have been financed by Accord Financial, and through the toughest times, Accord has shown the understanding, patience and support that separates them from their competitors. We are forever grateful to the team of professionals at Accord for their support and their understanding of the fashion business. And beyond their attention to financial detail, is their ability to take a personal stake in the day to day intricacies of our business. I would describe Accord Financial as being in the Relationship Business more than just the Banking Business. ”

Mitchell Hops
Groupe JS International

Apparel Manufacturer
Montreal, QC
Client since 2014