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


Gateway Trade Funding Provides $1MM PO Facility to Warehouse Equipment Supply Company

October 07, 2021, 07:00 AM
Filed Under: Purchase Order Finance

A Global Supply Chain Management Company supplying Dollar Stores with warehouse equipment had exceeded its internal funding capability. They needed to seek new outside funding so they would not lose new business opportunities. An industry colleague and current Gateway Trade Funding client suggested they call Gateway to see if purchase order financing could help.
Gateway successfully provided the global supply chain management company with a $1,000,000 PO facility.
“It was and continues to be a pleasure to work with the entire Gateway Trade Funding team, all of whom are pleasant and professional. If we didn’t enter into an agreement with Gateway Trade Funding, we would have been forced to seek out alternative financial support, potentially losing significant margin,” said the President of the Global Supply Chain Management Company.
Because of the financing from Gateway, the company was able to capture an additional $1,000,000 in new business, increasing their sales and fund ongoing new business growth.

“The best testament to the hard work and dedication of our team to helping our clients is when a happy client refers another company to us. In this case, it allowed us to help a terrific company turn around their working capital shortfall and grow their business,” said Mark Polinsky, Principal, Gateway Trade Funding.

Week's News

Comments From Our Members

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