Daily News: August 30, 2013

BridgingFactor Provides Factoring Financing to Energy Company

BridgingFactor provided a $1.5MM factoring and purchase order financing facility to a NASDAQ-traded, renewable energy company.

Kevin Westfall, director at BridgingFactor, said, “Our facility provided the flexibility they needed to be able to purchase feedstock to increase throughput. They are now able to operate at full capacity, which has obvious benefits.”