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Other Loans with Textile Factory:
02/12 - 03/12 - 07/12 - 09/12 - 04/14

Textile Factory

Project with Textile Factory
A short term bridge loan to meet monthly working capital needs.
This is the first loan with a textile business in Queens to establish credit with the business to cover working capital needs, specifically to pay salaries. This investment is the first step to create solvency in the business, which is part of a broader project to convert the business into a cooperative. By providing short term working capital, the business will be able to shift its focus towards revenue creation and greater sustainability.
NameTextile Factory
Signing DateMarch 9, 2012
Loan AmountAR$2,000
Repayment Schedule

From Textile Factory on Jan 7:
Change whole plan/refinance
The business has not received enough payments to recapitalize this short line of credit, the loan is frozen until further notice.

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