FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

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

October 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.

 







Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.