Brookridge Funding has closed $4.05 million in purchase order facilities for four new clients:
- A $2 million facility for an Iowa importer of tracking devices
- An $800,000 facility for a California government reseller of defense-related products
- A $750,000 facility for an Alabama subcontract reseller of defense-related products
- A $500,000 facility for a California reseller of medical products
The companies were referred to Brookridge by their factors and asset-based lenders.