Brookridge Funding Completes Four New Funding Facilities
Brookridge Funding announced the recent completion of $6.2 million of funding facilities for four new clients. Brookridge said the clients were introduced to the firm by their factors and asset-based lenders. The deals included:
Brookridge provides letters of credit for its clients purchasing pre-sold inventory from foreign vendors and wires for its clients with domestic suppliers, providing safeguards for the successful completion of their PO transactions.