White Oak Commercial Finance (WOCF), one of the USA leading lenders to the middle market, announced today that it has provided a US$15 million factoring facility to Mias Fashion, an innovative leader in the full package apparel manufacturing and global sourcing.
Since 1999, Mias Fashion has efficiently produced high-quality products for many of the nation’s leading brands and retailers. The company is headquartered in Santa Fe Springs, CA with global operations in South Korea, Mexico and Vietnam. The US$15 million line of credit secured against accounts receivable and inventory will be used to facilitate growth and provide additional access to working capital. WOCF is the sole lender.
