Brookridge Funding announces the completion of $1.4 million of funding facilities for three new clients. The clients were introduced to Brookridge by their factors or asset-based lenders and include:

• $1 million for a CA importer of audio components;
• $200,000 for a NC distributor of medical products;
• $200,000 for a MA government reseller.

Brookridge provides letters of credit for its clients purchasing pre-sold inventory from foreign vendors and wires for its clients with domestic suppliers, providing safeguards for the successful completion of their P.O. transactions.  Brookridge provides Purchase Order funding starting at $100,000, and works with existing senior lenders and/or factors in place.