Home / Knowledge / News / Apparel/Garments / Merchant offers factoring service to Balluun members
Merchant offers factoring service to Balluun members
06
Feb '13
Balluun, the leading wholesale social commerce platform for fashion designers and retailers worldwide, and Merchant Factors Corporation, a leading factoring firm servicing the needs of growing businesses, announced a strategic partnership. They will offer factoring services to thousands of existing and new Balluun members that want to take their businesses to the next level. The partnership will provide comprehensive factoring services to Balluun members with growing sales revenue.

"At Balluun, we've built a solid online platform serving the needs of thousands of innovative global brands and retailers who connect, collaborate, and conduct business around the clock," said Peter Koch, CEO of Balluun. "Our members use Balluun's rich functionalities to continually grow in size and take their business to the next level. Partnership with a reputable brand such as Merchant Factors allows us to offer powerful transaction capabilities to our existing members, while opening our platform to larger businesses that want to expand their business reach."

"We are privileged to work with such an imaginative team that shares the same passion and drive to grow business as we do," said Adam Winters, President and CEO of Merchant Factors. "Together with Balluun, our mission is to enhance the success of businesses with zeal, inventive ideas, and quality products."

About Merchant Factors

Merchant Factors is a specialized finance company servicing the needs of entrepreneurial to middle market companies by providing A/R lending, credit protection, collections, and letters of credit among other services. Having both Los Angeles and New York City offices provides our clients quick response times and local management ensures the flexibility to meet a growing company's needs. Since 1985 Merchant has taken pride in servicing 1000's of fashion related clients.

About Balluun

Based in Foster City, California, Balluun is the leading wholesale social commerce platform for fashion designers and retailers worldwide. Founded in 2009 by brothers Peter and Karl Koch, Balluun's robust platform is the only software application on the market that creates an authentic online tradeshow experience, allowing businesses to connect, transact, and collaborate within their own private and secure social networks. The privately funded company is growing rapidly, currently serving over 10,000 fashion brands and retailers. 

Balluun

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Marcel Alberts
Eurofibers

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search