Brookridge Funding Completes $4MM in Purchase Order Funding Facilities

Brookridge Funding completed $4.05 million in purchase order funding facilities for four new clients:

• $1.5 million for a Georgia  provider of school security systems 

• $1.3 million  for a New Jersey distributor of recreational equipment

• $750,000 for a Kansas importer of private label sportswear

• $500,000 for a Florida wholesaler of shopping carts

The clients were introduced to Brookridge by their factors and asset-based lenders.

Brookridge Funding, a provider of purchase order funding, has serviced over 450 clients over the last 26 years. Focused on the mid-cap market, with accounts ranging from $100,000 to $20,000,000, 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.