Gateway Trade Funding provided a $5.7 million purchase order facility to an accessories company.
The company received a large order from a national retailer and needed letters of credit so its suppliers would ship the goods. It had just started working with a new factoring company, which recommended partnering with Gateway Trade Funding for purchase order financing.
“We are grateful for partnerships like this one with amazing factoring companies who give us the opportunity to help amazing companies grow,” Mark Polinsky, principal at Gateway Trade Funding, said.
