Robar
Peter Dunbar has been in the apparel business for more than 20 years. As the President and Owner of Robar, Inc, headquartered in New York City, he specializes in designing, manufacturing and importing baby apparel to well known retailers around the country like JC Penny, Sears and Bloomingdales.
Robar has expanded its reach in recent years. Originally, the company only made apparel for newborn babies. Now, the company designs, manufactures and imports clothing for infants, as well as toddlers. One thing that has not changed for Robar over the years is their financing partner, Capital Business Credit (CBC). Peter Dunbar has been working with CBC for nearly 20 years. As Robar’s financing partner, CBC provides Robar with traditional factoring services. CBC advances cash against the Company’s receivables. Additionally, CBC provides asset-based lending services, lending Robar money against its inventory. This gives Dunbar more cash flow and flexibility to operate his business, as he is no longer confined to waiting for his customers to pay him.
“Factoring has allowed me to both maintain and grow my business,” comments Dunbar. “As we decided to expand our offerings during a difficult economic time, CBC was behind us all the way, providing us with the capital and advice we needed to make the right decisions for our business. In a time when many businesses were struggling, ours remained steady.”