A vitamin supplement company secured a promising contract with payment terms beyond their current cash flow capabilities. Keen to take advantage of this significant opportunity, a broker referred them to Gateway Trade Funding.
Gateway provided the funding they needed through a $1,000,000 PO facility that could help them fulfill the order and support the contract terms.
“Gateway’s PO Financing gave us the foundation we needed to take on orders with terms we could not have otherwise supported. Tom and the entire team at Gateway are wonderful to work with and truly supported our growing business by looking at the business as a whole and adding a human element to the decision-making process,” commented the CEO of the vitamin supplements company.
With the financing from Gateway, the Company can now consider orders with a greater variety of payment terms.
“Our purchase order financing is perfect for companies like this who need access to funding that allows them more flexibility with payment terms. It was a pleasure to work with them, learn about their business and help them to grow,” said Tom Novembrino, Principal of Gateway Trade Funding.
About Gateway Trade Funding
Gateway Trade Funding specializes in providing purchase order financing to support our clients by providing funding to their manufacturers for the cost of pre-sold inventory.
For additional information, please visit www.gatewaytradefunding.com.