Daily News: March 13, 2012

Brookridge Funding Hires Seelenfreund as VP Sales, PO Financing

Brookridge Funding has announced that David Seelenfreund has joined the company as vice president sales for purchase order funding. Seelenfreund will be responsible for expanding Brookridge’s relationship with factors, asset-based lenders and banks.

“With 11 years of experience in the purchase order and finance industry, David is an excellent addition to our firm,” said Michael Hilton, co-president of Brookridge.

Seelenfreund started his career in the infant bedding and outerwear industry with a specialty in overseas production and letters of credit. In addition, he has worked eight years in banking as a commercial loan officer and relationship manager. His combined garment industry and banking experience has enabled Seelenfreund to assist many small- and medium-sized companies to successfully finance their production, the company said in a press release.

“I am very pleased to be joining Brookridge,” said Seelenfreund, “to contribute to the continuing growth of a 17-year-old company that enjoys an excellent reputation in the purchase order financing industry.”