Gateway Trade Funding provided a $1.3 million purchase order facility to a specialty accessories company.
The specialty accessories company experienced two years of growth of more than 30% but lacked the working capital to support continued growth. The company contacted a broker who recommended it speak with Gateway Trade Funding about purchase order financing.
“It is incredible to have opportunities to work with amazing companies like this one to demonstrate the impact PO financing has on cash flow management. In addition, we are working to help them streamline their financial processes over time to maximize efficiency,” Mark Polinsky, principal at Gateway Trade Funding, said.
