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Gateway Trade Funding Partners with Factoring Company to Provide $3MM PO Facility for Healthcare Mask Supply Company

August 24, 2022, 08:00 AM
Filed Under: Specialty Industries

A company supplying healthcare masks that has been in business for 20 years was experiencing tremendous growth. They lacked the funds to accept a large new order from a state government. The Company had a factoring facility in place but needed additional working capital to fill the order.
Gateway provided the additional working capital they needed through a $3,000,000 PO facility that could assist with their large growth potential.

“Gateway has gone above and beyond to help meet our PO Finance and A/R Funding needs. Their team of professionals is excellent to work with. They made themselves available after their normal business hours to accommodate us on the west coast several hours earlier than them. Mark Polinsky stays on top of everything and made sure to check in with me every day, several times if needed, to make sure things were on track and everyone knew the next steps. He even responded to my emails the same day while he was out of the office traveling on the other side of the world. They are competitive and worked with us to get the best solution for our needs. They were patient and made sure to address our questions and concerns. Highly recommend them and their services,” said the Senior VP of Sales of the PPE Importer.
With the financing from Gateway, the Company now has the additional funding they need that complements its other financing options. They expect to be in an excellent position to grow their business.
“We are grateful for partnerships like this one that provides us with the opportunity to help well-established businesses continue to grow,” said Mark Polinsky, Principal, Gateway Trade Funding. 



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