Home / Knowledge / News / Apparel/Garments / AST Sportswear bags $12.7mn in loans
AST Sportswear bags $12.7mn in loans
Jan '13
Mercantile Capital Corporation, one of the nation’s leading providers of U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire or develop their own facilities, closed a commercial loan for AST Sportswear, Inc. recently for $12,750,000 in total project costs.

AST Sportswear, Inc. is a manufacturer of apparel & headwear made in America, with distribution centers in 15 States. The company primarily specializes in producing active wear under its brand Bayside USA – - from T-shirts, fleece, safety wear, aprons, tote-bags, & headwear to private label garments.

AST’s entire product line is 100% American made – - from the cotton grown in the U.S. to yarn, knitting, fabric dyeing, cutting and sewing at their company owned factories, headquartered in Anaheim. Being a vertical mill allows AST / Bayside to create jobs here in the U.S. and provide superior quality apparel.

“When it comes to SBA loans, people usually think twice about the process,” said co-owner, Taher Dadabhoy. “But, working with Mercantile Capital was a great experience, and the process went smoothly and quickly.”

“They really know how to take care of their clients and I wouldn’t hesitate to use them in the near future again or recommend them to others,” added Dadabhoy.

The SBA 504 Loan Program helps owners of small to mid-sized businesses, like AST Sportswear, Inc., have an opportunity to create wealth and financial freedom. Their specialization in SBA 504 loans allows borrowers to own their commercial property with the highest cash-on-cash return financing available, without tying up their precious capital, so they can grow even faster

Mercantile Capital Corporation

Must ReadView All

Apparel/Garments | On 21st Oct 2016

China’s garment retail sales grow 7.2% in Jan-Sept ’16

Retail sales of garments, footwear, hats and knitwear of Chinese...

Mike Preston, executive director of the Arkansas Economic Development Commission (AEDC), signing MoU with Tang from Suzhou Tianyuan Garments company. Courtesy: Government of Arkansas

Apparel/Garments | On 21st Oct 2016

Suzhou Tianyuan to open $20 mn garment factory in US

Suzhou Tianyuan Garments company, a Chinese manufacturer of casual...

Textiles | On 21st Oct 2016

Pakistan’s textile exports fall 5.96% y-o-y in Q1 FY17

The value of textile and garment exports made by Pakistan decreased...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search