Alpine Ridge Funding Closes a $5.0MM Factoring Facility for a Midwest-based Contract Manufacturer

Alpine Ridge Funding is proud to announce the successful closing of a $5.0 million factoring facility for a Midwest-based contract manufacturer. This strategic financing solution provides the company with the working capital necessary to fulfill current purchase orders and confidently pursue new business opportunities. With strong demand and anticipated growth over the next 12 to 24 months, the company was seeking a financial partner capable of supporting both its immediate capital requirements and its long-term plans. Alpine Ridge Funding’s flexible and tailored approach to financing positioned it as the ideal partner to meet these evolving needs.

David Fortner, Vice President of Sales at Alpine Ridge Funding, commented: “Alpine Ridge Funding’s approach goes beyond simply providing short-term capital — we aim to be a long-term partner in each company’s journey to success. By offering this factoring facility, we’re enabling our client to focus on fulfilling contracts and meeting operational demands without the burden of cash flow disruptions."

About Alpine Ridge Funding

Alpine Ridge Funding is a fast, flexible, and customer-supportive receivables financing provider for businesses in a broad array of industries that need working capital for a variety of reasons.  Alpine offers factoring facilities ranging in size from $50,000 to $30 million for businesses across the US and Canada. The only asset required is receivables.  Alpine's focus is to provide the reliable funding that owners and management teams need to solidify and grow their businesses.  Alpine Ridge Funding is affiliated with Mountain Ridge Capital, a nimble and innovative provider of customized asset-based loans for middle-market businesses. Together, Alpine Ridge Funding and Mountain Ridge Capital offer reliable, customized, flexible working-capital solutions at many points in a business’s lifecycle.  See Alpine Ridge Funding for more information.