Brookridge Funding announces the completion of $2.5 million of purchase order funding facilities for five new clients.The clients were introduced to Brookridge by their factors or asset based lenders and include:
- $750,000 for a TX importer of fitness equipment;
- $600,000 for a CT importer of children’s toys;
- $500,000 for a NY electronics reseller;
- $400,000 for a NY telephone accessory importer and
- $250,000 for a TX government reseller.
Brookridge Funding, a leading source of purchase order funding over the last 22 years, has serviced over 400 clients during that time. Focused on the mid-cap market, with accounts ranging from $100,000 to $10 million, Brookridge provides trade finance solutions to importers, wholesalers, distributors, government resellers and growing businesses looking to retain equity while financing their growth without long term debt and works with existing senior lenders and/or factors in place.