From the Wires
Balluun and Merchant Factors Announce Strategic Partnership
Partnership Enhances and Expands Online Wholesale Commerce Capabilities for Thousands of Growing and Established Fashion Brands and Retailers
By: Marketwired .
Feb. 6, 2013 12:01 AM
FOSTER CITY, CA and LOS ANGELES, CA -- (Marketwire) -- 02/06/13 -- 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 today. 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."
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