We are delighted to announce that we have closed a further significant Working Capital facility for a Singapore-based client.
Garment manufacturing is a major pillar of Vietnam’s economy and a significant part of its export trade. The sector employs a large, skilled workforce across more than 5,000 garment factories and 3,000 textile firms. A key output is knitted cotton fabric, used to produce T-shirts, polo shirts, activewear, sportswear, and casual apparel.
The United States is a leading global cotton supplier, growing roughly  14,000,000 bales of cotton a year across its Southern and Western states.
Our client is a Singapore-based trading house dealing in ferrous and non-ferrous metals, textile raw materials, and packaged food. It operates globally, employs a team of 50, and is pursuing ambitious growth.
We are pleased to support our client with financing for the sale of US-grown raw cotton to a UAE-based buyer, whose manufacturing capability is based in Vietnam. The transaction required funding across a long, multi-country supply chain. Our facility will be repaid through the insured trade receivable due from the buyer, giving the client working capital support while managing repayment risk.
Channel has managed $27.5 billion of receivables volumes since 2007.
As a leading global alternative asset manager with deep industry knowledge and experience, we deploy private capital across asset-based lending solutions to the innovation economy and specialty finance sectors.
Since 2007, our investing expertise has served the financial return needs of our clients and provided businesses with innovative debt capital solutions for growth.
As of June 30, 2026, Channel had approximately $27.5 billion in cumulative capital invested and facilitated financing in over 35 countries.
To find out more, contact Tony Smedley or Aakriti Mehta.
