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Brookridge Funding Provides $5MM PO Facility to Importer

December 16, 2014, 07:09 AM
Filed Under: Importer

Brookridge Funding announced the completion of a $5 million purchase order funding facility for a Kentucky-based importer and distributor of deicing salt to government agencies.

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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