Alpine Ridge Funding closed a $5.0 million factoring facility for a Midwest-based contract manufacturer. This strategic financing solution provides the company with the working capital necessary to fulfill current purchase orders and confidently pursue new business opportunities. With strong demand and anticipated growth over the next 12 to 24 months, the company was seeking a financial partner capable of supporting both its immediate capital requirements and its long-term plans. Alpine Ridge Funding’s flexible and tailored approach to financing positioned it as the ideal partner to meet these evolving needs.
David Fortner, Vice President of Sales at Alpine Ridge Funding, commented: “Alpine Ridge Funding’s approach goes beyond simply providing short-term capital — we aim to be a long-term partner in each company’s journey to success. By offering this factoring facility, we’re enabling our client to focus on fulfilling contracts and meeting operational demands without the burden of cash flow disruptions."