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Gateway Trade Funding Closes $500K P/O Financing for Beverage-Mixer Firm

June 07, 2019, 09:00 AM
Filed Under: Beverage

Gateway Trade Funding, a PO and Trade Financing company, announced that it recently funded a deal that gave a company the financing they needed to satisfy their supplier and fill a large order from Wal-Mart.

A relatively new company that makes single serving cocktail mixers received a very large order from Wal-Mart. They did not have the funds or financing in place to pay their supplier to fulfill the order. They turned to Gateway Trade Funding, which provided $500,000 in Purchase Order Financing, allowing them to complete the first of many orders.

The company now has the tools in place to comfortably continue and grow the relationship with Wal-Mart and approach new customers.

“As a start-up with a large order from Wal-Mart, Gateway was an invaluable resource helping to guarantee we would be able to fulfill the order. They took the time to educate, support, and guide us throughout the entire process, including the many twists and turns, ensuring we understood everything and would be successful,” commented the Company’s Founder & CEO.

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