Menswear brand ElvisJesus have agreed rolling finance facility with Sterling Trade Finance to support their e-commerce busines.
Premium menswear brand ElvisJesus famous for their intricate hand stitched applications and dynamic graphics have agreed rolling finance facility with Sterling Trade Finance of up to £500K to support their ever growing national and international e-commerce business.
The facility will be utilised to increase the range of products available, add new style categories and enhance distribution by moving from a fixed four times per annum model to new collections being delivered every six weeks.
David Mallon CEO and founder of ElvisJesus said “I’m absolutely delighted to have found a trade finance company in Sterling who have the same desire and passion for fashion as we do, a willingness to learn and who understand the industry specific nuances. It has been a breath of fresh air working with these guys and any future success and expansion is entirely down to their hard work in supporting us during a fast moving period of growth.”
Based in Central London, Sterling Trade Finance offers a worldwide funding service to clothing brands, distributors and retailers ranging from £5,000 to £1million. Their flexible facilities are designed to support the financing of international trade through the whole supply chain. Steve Pleace Operations Director at Sterling said “It has been an interesting journey working with David and the EJ team but with the dedication and ambition shown from both sides we have created an e-commerce funding facility which we all feel matches the requirements of the industry for today and the future”
The latest ElvisJesus range has just launched this week with a diverse mix of fabrics, finishes and eclectic details synonymous with the brand’s particular view on fashion. On trend leather panels, tape and details run through the range adding value and authenticity to a unique design aesthetic. Mallon says “We really couldn’t be happier with this latest range and it really gives us a view forward into next year and the possibilities ahead for the brand.” With an LA showroom in the works and having now also being chosen to design the award for the inaugural Electronic Dance Music Awards, ElvisJesus is well placed as one to watch for 2016.