Cloud Capital Funding, a company providing factoring, purchase order funding and supply chain finance solutions to businesses, funded a $2 million accounts receivable factoring facility to a pet supplies wholesaler based in Connecticut.
The funding from Cloud Capital Funding will play a pivotal role in allowing the company’s cash flow to keep up with its strategic growth initiatives. The capital infusion is expected to fuel the client’s growth and expansion efforts and further strengthen the company’s position in the pet products market.
