Alpine Ridge Funding Closing $12.0 Million Factoring Facility for a Leading IT Staffing Company
FRISCO, Texas, October 6th, 2025 -- Alpine Ridge Funding and David Fortner are thrilled to announce the successful closing of a $12 million factoring facility for a leading IT staffing company. This strategic financial solution will empower the company to expand its operations by taking on new contracts and growing existing ones, driving significant business growth.
The factoring facility provides the IT staffing company with immediate access to working capital, enabling it to meet increasing demand, scale its workforce, and seize new opportunities in the rapidly evolving technology sector. By leveraging Alpine Ridge Funding’s tailored financing solutions, the company is well-positioned to accelerate its growth trajectory and strengthen its market presence.
“We are excited to partner with this dynamic IT staffing company to support their ambitious growth plans,” said David Fortner, Vice President of Sales at Alpine Ridge Funding. “This $12 million factoring facility reflects our commitment to providing flexible and innovative financing solutions that empower businesses to thrive in competitive industries.”
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.