A company selling outdoor and lifestyle products was expanding its business by doing its own inventory. With this business expansion, they needed cash flow assistance. A current Gateway client suggested they reach out to Gateway Trade Funding.
Gateway provided the working capital they needed through a $2,300,000 PO facility that could help them purchase the inventory and expand their business.
“As a small company, we had concerns about obtaining financing. However, Gateway has been instrumental in providing us with purchase order financing, which has significantly helped our business. The team at Gateway has proven to be exceptional in their support, demonstrating excellent responsiveness and valuable assistance throughout the entire process,” commented the Director of Operations for the lifestyle products company.
With the financing from Gateway, the Company now has the additional working capital it needs to expand its business and take on additional orders.
“It is a testament to the amazing Gateway team when we get a referral from a client. Our purchase order financing is ideal for small companies like this one that are looking to grow,” said Mark Polinsky, 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.