Alpine Ridge Funding and David Fortner announced the successful closing of a $12 million factoring facility for a leading IT staffing company. This strategic financial solution will empower the company to expand its operations by taking on new contracts and growing existing ones, driving significant business growth.

The factoring facility provides the IT staffing company with immediate access to working capital, enabling it to meet increasing demand, scale its workforce, and seize new opportunities in the rapidly evolving technology sector. By leveraging Alpine Ridge Funding’s tailored financing solutions, the company is well-positioned to accelerate its growth trajectory and strengthen its market presence.

“We are excited to partner with this dynamic IT staffing company to support their ambitious growth plans,” said David Fortner, Vice President of Sales at Alpine Ridge Funding. “This $12 million factoring facility reflects our commitment to providing flexible and innovative financing solutions that empower businesses to thrive in competitive industries.”