FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / Press Releases / Read Press Release


Brookridge Funding Completes $32MM P/O Funding for Importer of Recreational Equipment

February 04, 2020, 09:10 AM
Filed Under: Sporting Goods

Brookridge Funding announced the completion of $32,000,000 of Purchase Order Funding for an importer and distributor of recreational equipment. The client received very large seasonal purchase orders from a major retailer which could not be financed within their existing asset-based lending facility. Brookridge was able to establish an intercreditor with the asset based lender and pay for the merchandise as it shipped from Asia enabling the client to accept all the orders and realize the profits therefrom.

Brookridge Funding 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.

Week's News

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.