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 $30MM PO Funding Facility for Importer, Distributor

April 06, 2021, 06:00 AM
Filed Under: Purchase Order Finance

Brookridge Funding conmpleted a $30,000,000 Purchase Order Funding facility for an importer and distributor of recreational equipment. The client received large seasonal purchase orders from a customer that were not able to be financed by their existing ABL facility. Brookridge was able to establish an intercreditor with the ABL lender and finance $52,000,000 of inventory.

Brookridge Funding, a leading source of Purchase Order Funding over the last 27 years, has serviced over 500 clients during that time. Focused on the mid-cap market, with accounts ranging from $100,000 to $30,000,000, 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.

Comments From Our Members

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