Brookridge Funding Purchase Order Financing

Amount:

$10,000,000.00

Type:

Loan

Description:

Brookridge Funding offers a purchase order financing to businesses when they find itself in the position of not being able to promptly fill a customer’s purchase orders.

Comments on Funding:

Funding takes the form of a purchase order financing. Typical accounts range in size from $50,000 to $10,000,000

Deadline:

Rolling deadline

Eligibility:

Applicants must be small to mid-sized businesses throughout the US and Canada, except companies from the construction and service industry.

Application Steps:

Applicants must submit a completed and signed New Client Application Form with the appropriate documents.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

If the customer is being given terms, a factor, asset based lender, bank or leasing company funds the resulting invoice upon delivery of the inventory and remits proceeds sufficient to retire the purchase order advance plus earned free to Brookridge.

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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