Incomlend Finance Fashion Tex Asia Ltd & Sadat Apparels Ltd


With Incomlend Invoice Financing Programme, Fashion Tex Asia Ltd, an apparel buying house, and Sadat Apparels Ltd, a garment manufacturer, were able to ensure the continuity of their supply chain and seize new business opportunities. Both companies leveraged the working capital solution from Incomlend to finance and increase the production volume of their sweaters and stock up on garments to meet seasonal demand uptick.With Incomlend Invoice Financing Programme, Fashion Tex Asia Ltd, an apparel buying house, and Sadat Apparels Ltd, a garment manufacturer, were able to ensure the continuity of their supply chain and seize new business opportunities. Both companies leveraged the working capital solution from Incomlend to finance and increase the production volume of their sweaters and stock up on garments to meet seasonal demand uptick.

apparel sector invoice financing

The exporters are Fashion Tex Asia Ltd, an apparel buying house, and Sadat Apparels Ltd, a garment manufacturer. Both companies are Bangladesh-based with customers in the United States (US), Europe and South America.

The importer is a US-based clothing wholesaler that sources its goods mainly in China and Bangladesh. Its clients include established clothing and department store chains.

As the fall-winter season approaches, the importer is looking to increase its sweater inventory to brace for the increased consumer demands.

However, it traditionally takes Fashion Tex Asia Ltd and Sadat Apparels Ltd up to 120 days to cash in an invoice. The extended credit terms can potentially impair their cash flow and hinder their ability to ramp up production output and source merchandise to meet demand upticks.

With Incomlend Invoice Financing Programme, Sadat Apparels Ltd and Fashion Tex Asia Ltd can cash in an invoice as early as three days after its goods are shipped to the importer.

Both companies now have the working capital to cover their operational expenses and meet new orders coming from the US. Incomlend also assessed the trade by all parties and vetted the invoices against third-party trade documentations to mitigate operational risks.

Incomlend enabled Fashion Tex Ltd and Sadat Apparels Ltd to liberate their working capital. With access to a steady cash flow to pump back into the production cycle, both companies will be able to meet increased sales demands and grow their revenue.

Incomlend’s solution provided both companies with the financial agility to pursue new growth opportunities as the appetite for garments from Bangladesh continues to soar globally.