" As a small fashion company committed to sustainability, timing is everything for us. When we were preparing to launch our new collection, we needed a financing solution that was fast and flexible. Tulyp understood our needs immediately. Their quick approval process and tailored financing allowed us to secure the funds we needed to ramp up production without any delays. Thanks to Tulyp, we were able to meet our deadlines, increase our production volume, and ultimately achieve a successful launch. We highly recommend Tulyp to any SME in the fashion industry looking for a supportive and reliable financing partner."
Gurvan Maurice
Founder and CEO of FAIR
FAIR-SHOP.FR
Company overview
FAIR is a French fashion company founded in 2021.They are committed to design and produce high-quality, sustainable and stylish clothing, with a focus on using recycled materials and minimizing their environmental impact. FAIR's commitment to ethical production includes sustainable sourcing, local production, artistic collaborations and social actions. As a small business, they prioritize transparency and traceability in their supply chain.
The challenge: swift financing for production to meet demand
FAIR was gearing up to launch their new spring/summer collection, filled with stylish and eco-conscious outerwear. They were excited about the upcoming season and knew demand would be high. To meet this demand, they needed to produce a larger quantity of clothes quickly.
But there was a hurdle: getting the money they needed fast enough. Traditional financing options, like banks, often have long, complicated processes and strict rules, which can be tough for small businesses like FAIR to navigate.
Delays in getting funds would mean missing deadlines, potentially losing sales, and hindering their growth.
The solution: fast and flexible financing with Tulyp
FAIR teamed up with Tulyp to find a financing solution that fit their needs perfectly. Tulyp understood the time crunch and offered a simple and efficient process, ensuring quick approval and access to the necessary funds.
This allowed FAIR to buy the high-quality local sourced materials they needed for their collection and ramp up production without a hitch.
The financing also helped them produce a new collection, boosting their potential sales even further.
The results: optimized production and accelerated growth
By leveraging Tulyp's financing solution, FAIR achieved the following:
Faster production time: They were able to accelerate their manufacturing process, ensuring timely delivery of their new collection to market.Specifically, they reduced their production time by 50%, allowing them to launch the collection ahead of schedule and capitalize on early demand.
Increased production volume: The financing allowed FAIR to produce a larger quantity of garments, enabling them to meet increased demand and maximize sales potential. They increased their production volume to serve all orders on time and they didn't loose sales any longer compared to the previous season, resulting in a significant boost in sales revenue.
Improved cash flow: By securing timely financing, FAIR was able to maintain a healthy cashflow and avoid the financial strain often associated with large production runs. This allowed them to reinvest profits back into the business and continue their growth trajectory.
Enhanced brand reputation: FAIR's ability to deliver its new collection on time andin the desired quantities strengthened its reputation for reliability amongst its partners and customer satisfaction. This led to increased partners relationship, customer loyalty and positive brand perception.
