accord expertise apparel hero

and Textile:
Financing Fashion

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


In the fast-moving world of fashion, apparel businesses need to act quickly when opportunities arise. At the same time, supply chain challenges can occur without warning. For apparel and textile companies, these dynamics often mean that traditional bank financing is rarely enough to meet their needs.  At Accord, we offer simple and flexible financing solutions, tailored to the needs of the apparel industry, including:

  • Inventory financing
  • Factoring
  • Accounts receivable financing
  • Small business loans
  • Purchase order financing

With a deep understanding of your business, Accord’s customizable financing solutions fit like a glove.

Success in the apparel business requires a unique ability to see into the future. Apparel retailers owners and manufacturers need to know what that shopper wants long before they do.

Long lead times—for both retailers and wholesalers—present a unique buying challenge for business owners; orders are placed and goods put into production months before they appear in retail stores. 

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

If you’re an apparel retailer or clothing chain owner, you have the added challenge of bringing shoppers through the door or onto your website. Your stores need to stay fresh and compelling. On top of that, your product needs to turn over quickly, keeping aged inventory to a minimum.

Retailers, wholesalers, and distributors in the apparel and textile industry can achieve growth through a variety of financial solutions tailored to their needs.

For example, asset-based lending solutions for apparel and textile businesses are customizable to your needs with inventory financing and accounts receivable financing. With revolving lines of credit from $1 million to $20 million, we focus on speed and simplicity, which is important if you are growing, or if traditional banks have turned you down.

Working with Accord is always in style. We have the financing solutions to help your apparel and textile business thrive.

Accord’s asset-based lending solutions can be the closing stitch to financing your apparel or textile business:

  • You can get advance rates up to 75% of the orderly liquidation value of your inventory.
  • Lines of credit from $1,000,000 to $20,000,000 are available.
  • There are no restrictive financial covenants to worry about.
  • The facility grows as your business grows.
  • You can accelerate your cash flow with accounts receivable financing.

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

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Frequently Asked Questions

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

  • For smaller projects in the textile industry, small business loans are a great solution because they’re 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, and equipment, as well as 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 functions much like a business cash advance, allowing you to use various company assets as collateral for access to the working capital you need. You can also opt for retail inventory financing to purchase inventory, or consult our team for other solutions.

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

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 (PO) financing refers to a business loan where a lender provides loans or extends other forms of credit, so you can fulfill orders from your customers. 

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 clothing business. When you contact us, we will work out the best interest rates and terms for you to get your funds quickly.

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 at +1-800-967-0015.

The best way to finance your apparel business 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 a clothing store loan or financing for the garment, apparel and textile equipment, or any other type of business.