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Brookridge Funding Closes $5MM Purchase Order Facility for Importer

December 10, 2014, 07:07 AM
Filed Under: Specialty Industries

Brookridge Funding announces the completion of a $5 million purchase order funding facility for a New York based importer and distributor of fitness equipment.

Brookridge provides letters of credit for its clients purchasing pre-sold inventory from foreign vendors and wires for its clients with domestic suppliers, providing safeguards for the successful completion of their P.O. transactions.  Brookridge provides Purchase Order funding starting at $100,000, and works with existing senior lenders and/or factors in place.

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