2min chapter

How I Built This with Guy Raz cover image

Suitsupply: Fokke de Jong

How I Built This with Guy Raz

CHAPTER

The Importance of Having a Line of Credit

The Dutch fashion giant put in about 200,000 euros into your business. Your revenue was like eight to 10 million around that point time. So why do you think you needed that money? It doesn't sound like you had enough. And I needed the 200,000. Plus it was a credit line, right? My business was growing at the time,. But I still had to pre-finance all the fabrics, all the... You had to pay for it in advance. Yeah.

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