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Gateway Trade Funding Provides $500,000 Purchase Order Facility to Thermal Insulation Company

May 13, 2024, 07:00 AM
Filed Under: Specialty Industries

Seeking to broaden their sales reach in the US market, a thermal insulation company establish a new subsidiary. However, faced with insufficient working capital to fulfill substantial orders that would help them achieve their new sales goals, they sought assistance from a finance broker, who referred them to Gateway Trade Funding for support.

Gateway provided a purchase order facility amounting to $500,000, enabling the company to seize the opportunity presented by the sizable new orders and ensuring a steady stream of working capital for future orders, which they are now positioned to fulfill.

"Our purchase order financing serves as an excellent solution for companies such as this thermal insulation firm. It enabled them to secure the vital working capital required to accept substantial new orders, thereby expanding their sales footprint within the United States,” said Mark Polinsky, Principal, Gateway Trade Funding. 

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