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Brookridge Funding Completes $2.25MM in PO Funding Facilities

March 15, 2016, 07:35 AM

Brookridge Funding announced it has provided $2.25 million in purchase order funding facilities to clients referred by their factors or asset-based lenders. The facilities include include:

  • $750,000 for a NJ importer of women’s clothing;
  • $500,000 for a NY commodity reseller;
  • $400,000 for a CT importer of charcoal;
  • $300,000 for an OH government reseller and
  • $300,000 for an VA importer of building materials.

Brookridge Funding, a leading source of purchase order funding over the last 22 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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