Brookridge Funding announces the completion of $3.25 millon of purchase order funding facilities for three new clients:

The clients were introduced to Brookridge by their factors or  asset-based lenders and include:

• $2 million for a New Jersey-based importer of steel;
• $1 million for a Los Angeles-based importer of LED lighting and
• $250,000 for a Maryland-based 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.