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,
- $1.3 million for a New Jersey-based distributor of recreational equipment,
- $750,000 for a Kansas-based importer of private label sportswear
- $500,000 for a Florida-based wholesaler of shopping carts
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The clients were introduced to Brookridge by their factors and asset-based lenders.
