The Hedaya Capital Group provided $1 million in factoring and inventory financing to a distributor of bedding and home goods.
Based in New York City and operating for 28 years, the Company imports from Asia and distributes bedding and home goods under inhouse brand names through national discount retail chains as well as various online shopping networks.
The Company was transitioning to the second generation of leadership as the founder transferred ownership to his son, who was looking for a new funding relationship for working capital. The Company's accountant referred them to Hedaya. The new generation appreciated Hedaya’s textile expertise as well as their 360-degree, consultative approach that helps clients protect their businesses.
With the comfort of having a reliable, nimble partner such as Hedaya, the Company has the peace of mind knowing they will always have the working capital they need to invest in future growth.
About The Hedaya Capital Group
Since 2003, The Hedaya Capital Group has been providing flexible financing solutions that enable companies to maximize growth and respond to transitional situations. As a family-owned and operated firm, we are deeply invested in the success of each of our clients. We work from a core of old world values where ethics have meaning and new world thinking where speed and flexibility ensure success. For more information, visit www.hedayacapital.com.