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Home Deal Announcements

Brookridge Closes Four PO Transactions Totaling $4.05MM

bynadine
February 19, 2020
in Deal Announcements

Brookridge Funding completed four purchase order fundings for four new clients for a total of $4.05 million.

Brief details of the transactions are:

  • $1.5 million for a Georgia-based provider of school security systems,
  • _x000D_

  • $1.3 million for a New Jersey-based distributor of recreational equipment,
  • _x000D_

  • $750,000 for a Kansas-based importer of private label sportswear
  • _x000D_

  • $500,000 for a Florida-based wholesaler of shopping carts
  • _x000D_

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

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