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Brookridge Funding Closes Four PO Financings Totaling $3.9MM

April 08, 2015, 06:52 AM

Brookridge Funding announces the completion of $3.9 million of purchase order funding facilities for four new clients:

The clients were introduced to Brookridge by their factors or asset-based lenders and include:

  • $2 million for a CA distributor of consumer items;
  • $750,000 for a NJ pharmaceutical supplier;
  • $750,000 for a NY toy wholesaler;
  • $400,000 for a NY designer of women’s apparel;

Brookridge Funding, a leading source of purchase order funding over the last 21 years, has serviced over 400 clients during that time. Focused on the mid-cap market, with accounts ranging from $100,000 to $10 million, 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.

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