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Brookridge Funding Provides $3.25MM in PO Financing in Recent Transactions

April 27, 2016, 07:23 AM

Brookridge Funding announces the completion of $3.25 million of purchase order funding facilities for four new clients. The clients were introduced to Brookridge by their factors or asset-based lenders and include:

  • $1.5 million for a Florida-based importer of frozen fish,
  • $800,000 for a California-based distributor of beauty products,
  • $650,000 for a California-based reseller of office furniture and,
  • $300,000 for a South Carolina-based importer of lighting fixtures.                           

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.

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