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These Financing Options are Gaining Ground as Suppliers Seek Cash

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

As fashion suppliers’ and retailers’ cash flow tightens courtesy of COVID-19, some financing methods are seeing an uptick in interest. In a typical payment timeframe, factories get paid a month or more after goods have been shipped. But with transportation delays, order cancellations and delayed payment terms, this process has been disrupted. “There’s so much…

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