BridgingFactor Provides $1.5M Facility to Growing Food Importer
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 05/02/13 -- BridgingFactor Inc., recently provided a $1,500,000 non-notification accounts receivable and inventory facility to a Toronto based distributor of ethnic foods.
Kevin Westfall, director at BridgingFactor commented, "This is a young Company experiencing tremendous growth that has recently secured orders from National grocery chains but doesn't have the working capital to meet these orders. They were initially considering raising equity to fund their working capital needs but we were able to provide a more flexible and less expensive solution."
BridgingFactor provides funding in both the Canadian and American markets. Its product portfolio includes factoring / receivable finance, purchase order and inventory finance, as well as term financing secured by fixed assets. For more information on BridgingFactor, visit .
BridgingFactor is your bridge to cash flow freedom!
Contacts:
BridgingFactor Inc.
Kevin Westfall
Director
(416) 644-6444
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Datum: 02.05.2013 - 13:03 Uhr
Sprache: Deutsch
News-ID 255532
Anzahl Zeichen: 0
contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Commercial & Investment Banking
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