Hilldun Corporation

Best for: Established fashion, apparel and consumer-product brands that wholesale to department stores and boutiques on 30- to 90-day terms and want a factor to approve buyers, guarantee payment and run collections.

Not for: Startups without a retail track record, brands that need a posted price before talking to a rep, or anyone wanting a one-off invoice advance with no ongoing relationship.

Lender List verdict: Hilldun Corporation is a specialist fashion factor whose real value is credit protection: once it approves a retailer, it carries the risk if that store fails to pay. It publishes no advance rate or fee, so compare its quote against apparel-market ranges of 1% to 5% per 30 days before you sign.

Hilldun Corporation at a glance

Hilldun Corporation is a family-owned New York factor serving about 450 fashion and consumer-product brands.

What is Hilldun Corporation?

Hilldun Corporation is a privately held factor that has financed fashion brands for decades, with roots in a 1932 business and a move into factoring in the late 1980s.

The firm has about 50 staff, roughly 450 clients and offices in New York, Los Angeles and London. Clients have included Marc Jacobs and Golden Goose, and it works in five currencies.

How Hilldun factoring and financing work

Hilldun factoring pairs a credit guarantee on approved retailers with an advance against the invoice once goods ship.

• Credit protection: On orders it approves, Hilldun takes the loss if the retailer doesn't pay.
• Collections: Hilldun collects; a slow-paying retailer risks its standing with every Hilldun brand (170 sold to Saks in March 2026, per 1 Granary).
• Receivable financing: A formula sets the share of each delivered, invoiced order you can draw, and the line expands as sales do.
• DTC financing: A separate line sized on direct-to-consumer revenue, meant to fund inventory for those sales, so DTC-heavy brands can qualify too.
• Back office: Optional order entry, invoicing and customer service.

How the funding cycle works

Hilldun is repaid when your retailer pays, usually 30, 60 or 90 days after delivery.

1. Enter the store's order in the Hilldun portal for credit approval.
2. Ship the goods and invoice the retailer, which pays Hilldun.
3. Draw your advance against the invoice right away.
4. The retailer pays Hilldun on its terms.
5. Hilldun releases the balance minus its charges.

Hilldun advance rate, factor fee, and recourse

Hilldun does not publish its advance rate, fee or minimum volume; pricing is quoted per client.

• Advance rate: Not published; apparel factors usually advance 70% to 90%, per Eightx and Uphance.
• Fee: Not published. Apparel market ranges run about 1% to 5% per 30 days, depending on retailer quality and concentration.
• Recourse: Works as non-recourse for credit risk on approved buyers (Lender List's label; Hilldun calls it credit protection); declined orders are not guaranteed.
• Notification: Yes; retailers pay Hilldun.
• Contract length and minimum volume: Lender does not publish.

Worked example: you factor a $100,000 invoice to a department store, with an assumed 80% advance and a 1% fee per 30 days, prorated, and the store pays on day 45. You receive $80,000 at shipment. The fee is $1,500, so Hilldun releases an $18,500 rebate. That works out to about 15% simple annualized on the cash advanced, or about 16% APR compounded. At 3% per 30 days the fee becomes $4,500 (about 56% APR); at 5%, $7,500 (about 107% APR). If the store takes 90 days, as Saks now does, a 1% fee doubles to $3,000.

Hilldun Corporation requirements

Hilldun Corporation publishes no minimum credit score, revenue or time in business; it judges your product, production, experience, customer base and size.

In a March 2026 profile, Hilldun's leaders said they value disciplined execution and cash flow over fast growth; in a 2006 interview, Gary Wassner advised that no single customer should exceed 25% of sales.

Pros and cons

Hilldun's strength is retailer credit protection; its weakness is that none of its pricing is public.

Pros

• Guarantees payment from retailers it approves
• Leverage in collections from representing hundreds of brands at the same stores
• Credit calls on retailers before you ship, with reasons for declines
• DTC line and back-office services in one relationship

Cons

• No published advance rate, fee, minimum or contract length
• Selective: built for established wholesale brands, not startups
• Retailers know you factor, since they pay Hilldun
• No BBB or Trustpilot profile to check

Hilldun Corporation alternatives on Lender List

Hilldun's closest alternative on Lender List is Star Funding, a New York factor that also finances purchase orders.

• Star Funding — publishes factoring at 1% to 3% per 30 days and pays up to 100% of goods on purchase orders
• Riviera Finance — non-recourse factoring with advances up to 95% and startups accepted
• SouthStar Capital — advances up to 90% plus PO funding, open to startups
• Kickfurther — inventory funding up to $5 million
• Browse all invoice factoring on Lender List

Frequently asked questions about Hilldun Corporation

Hilldun Corporation is a legitimate fashion factor that quotes fees per client.

Is Hilldun Corporation Legit? Yes. Hilldun Corporation is a family-run New York factor with roots back to 1932 and about 450 clients, including brands such as Marc Jacobs and Golden Goose. We found no BBB or Trustpilot profile and no regulatory actions, so ask for client references before signing.

Does Hilldun Corporation Do Financing and Factoring? Yes. Hilldun Corporation offers factoring with credit protection and collections, plus receivable financing drawn as you ship and a separate line based on direct-to-consumer sales. It also lists purchase order financing and chargeback management, and can run order processing and invoicing for you.

How Much Percent Does Hilldun Take? Hilldun does not publish its fee or advance rate; each client gets a quote. Apparel factors typically charge about 1% to 5% per 30 days and advance 70% to 90%. On a $100,000 invoice paid in 45 days, 1% per 30 days costs $1,500.

Is Hilldun Recourse or Non-Recourse? Effectively non-recourse on approved buyers. Hilldun doesn't use the term, but it says that once it approves a retailer, it pays you even if that store does not. Declined orders carry no guarantee, and Hilldun does not publish how it treats disputes or returns, so ask.

Will My Customers Know I'm Factoring With Hilldun? Yes. Retailers pay Hilldun directly and Hilldun handles collections, so your stores will know you factor. Hilldun argues that representing many brands at each store gives it extra pull when a retailer pays late; in March 2025 it factored over 120 brands selling to Saks alone.

Should I Use Hilldun for Financing? Yes, if you are an established fashion or consumer-product brand selling to stores and want buyer credit checks plus guaranteed payment; DTC-heavy brands can use its DTC line. If you need a posted price, Star Funding publishes 1% to 3% per 30 days; startups may fit Riviera Finance or SouthStar Capital.

How Do I Log In to the Hilldun Client Portal? Hilldun clients sign in at clientv4.hilldun.com, linked as Client Login on hilldun.com. The portal lets you submit orders for credit approval, see decisions and check the status of your receivables at any time. Brands using ApparelMagic can also send orders to Hilldun for approval from inside that software.

Last verified 2026-10-27. Pricing and terms are provider-stated or third-party-reported and vary by offer; confirm with the lender before applying.