Brookridge Funding completed $2.8 million of purchase order funding facilities for five new clients.

The clients were introduced to Brookridge by their factors or
asset based lenders and include. Brief details of the transactions are:

  • $1 million for an Illinois chocolate importer
  • $750,000 for a North Carolina battery charger distributor
  • $400,000 for a Virginia wholesaler
  • $400,000 for a North Carolina wood importer
  • $250,000 for a New Jersey woman’s apparel company.

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.