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Top Fashion Industry Financier Ken Wengrod, Founder of FTC Commercial Corp., Elected as Chairman of the Board of Directors for Fashion Business Inc.

Fashion Business Inc., founded in 1999, is an entrepreneurial and employee training center dedicated to the growth of the U.S. fashion industry.

FTC Commercial Corp., an LA based factoring operation, provides millions in financing to public and private consumer related industries. FTC clients include some of the largest names in premium denim, contemporary apparel and the beauty industry as well as creative emerging designers who Wengrod identifies as having the potential to become notable brands.

"Over the last year, we've encountered some difficult business challenges but have been able to overcome these hurdles because of the amazing partnership we have with Ken. Even as a start-up, Ken continues to make us feel like we are one of his biggest clients. It's his amazing support and guidance that's helped the growth of my business today."

- Fred Naggar, Glamour Campaign Inc.

Under Wengrod's leadership of the executive board along with generous grants and donations from major corporations such as Microsoft, FBI's Founder and President Frances Harder is taking aggressive measures to move the organization and its members to a global level.

"We're expanding and creating sponsored international trade show opportunities and building valuable resource and corporate partner relationships," says Harder. "With Ken's board leadership along with the rest of the board's wide range of industry expertise, we're more confident than ever we'll reach our goals."

The Fashion Business, Inc. 501(c)(3) is a business resource and training center dedicated to the growth of the U.S. apparel industry. The FBI provides convenient access to important training, tools and business resources that support the advancement of domestic garment manufacturers, apparel industry workers and the U.S. economy. www.fashionbizinc.org.

FTC Commercial Corp. is a global commercial finance company servicing clients inthe United States,Asia,Europe,Africa andLatin America that provides a full breadth of financial services including factoring, accounts receivable and inventory finance. FTC specializes in financing start-up designers in the high-end apparel industry to public entities, including some of the biggest names in the premium denim and contemporary sportswear markets. www.ftccc.net.

SOURCE Fashion Business, Inc.