Brookridge Funding announces the completion of $3.8 million of funding facilities for four new clients. The clients were introduced to Brookridge by their factors or asset-based lenders and include:

• $3 million for a NJ distributor of cleaning products;
• $300,000 for a CA importer of women’s clothing;
• $300,000 for a FL importer of mirrors;
• $200,000 for a MA distributor of footwear.

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.