Learn more about Ken Wengrod
President and co-founder of FTC Commercial Corp., LA-based factoring operation provides multi-million dollars in financing to public and private consumer related industries. Touted as one of the country’s leading financial advisors and L.A.’s financial powerhouse behind the fashion industry’s leading contemporary designers. FTC has factored numerous companies from start-ups; William Rast /Justin Timberlake, Tom’s Shoes, Mike & Chris, Sally Hershberger, Elder Statesman, Newbark and Joe Jean’s Kids to name a few.
Ken was profiled in Los Angeles Business Journal’s, “Style File, for his unique strategies for success in identifying creative start up designers who possess the talent necessary to be cultivated into a successful and recognizable name in the industry. He is currently the Chairman of the Regulatory & Legislation Committee of District Export Council of Southern California (DEC). As a member of the DEC he was appointed by the U.S. Secretary of Commerce. He also sits on the Advisory Board at Apparel/Merchandising/Management School at Cal Poly/Pomona.
Ken Wengrod’s prominent status as a leader in the finance world comes from his distinctive blend of 30 years of experience and thorough understanding of the entire trade cycle of manufacturing and importing from design concept to ultimately collecting sales. His insightful financial knowledge is invaluable for startups and companies expanding. He has a true eclectic background from running numerous West Coast Factoring operations for banks, managing a large manufacturing and retail operation to setting-up and being an owner in two successful garment manufacturing companies as well.
He has pioneered the cost effective business formula that fuels the U.S. market and meets the needs of the consumers’ ever-changing fashion trends that’s responsible for the explosive growth in the LA market.