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Gateway Trade Funding Completes 13 Stretch Finance Transactions Totaling Over $3MM

Date: Oct 17, 2023 @ 07:43 AM

Gateway Stretch Finance is increasingly making its mark by recently assisting 13 more companies with working capital, inventory, supplier deposits before shipping and work in process transactions.

  • A $750,000 facility to a US promotional company to fund the acquisition of another business.
  • A $750,000 facility for working capital and inventory for a US eCommerce apparel company.
  • A $60,000 facility for a US manufacturer of vitamins and other supplements to fund working capital.
  • A $200,000 facility for a US importer of cell phone accessories and electronics to fund working capital and inventory.
  • A $250,000 facility for a US importer of footwear selling to US retailers to fund inventory.
  • A $70,000 facility for a US staffing company to fund working capital.
  • A $40,000 facility for a US provider of virtual tutoring services to fund working capital.
  • A $50,000 facility for a Canadian importer of LED lighting to fund inventory.
  • A $150,000 facility for a US importer of apparel products to pay off an existing lender, which allowed a new factor to fund against the receivables.
  • A $60,000 facility for a US heating and air conditioning company to fund working capital.
  • A $50,000 facility for a Canadian provider of aluminum structures for the entertainment industry to fund inventory.
  • A $350,000 facility for a Canadian developer of apps to fund working capital.
  • A $80,000 facility for a Canadian manufacturer of store shelves to fund raw material purchases and working capital.

 

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