Gateway Trade Funding News Release October 2020
Gateway Trade Funding Closed a Purchase Order Facility for a Beauty Company.
Gateway Trade Funding, a PO and Trade Financing company, is happy to announce that we recently funded a purchase order facility that gave a beauty company the financing they needed to accept and fill a large order.
True + Luscious, a clean beauty company, received a large order but lacked the cashflow to accept it. The growing company turned to Gateway Trade Funding to help fill this order with the help of their purchase order financing.
“Gateway Trade Funding has been a power boost in growing my consumer goods business. From PO to Letter of Credit and trade services, the team is exceptionally knowledgeable, supportive, and efficient. As a small business founder, I rely on them for advice and funding while I focus on growing my indie beauty brand. I would highly recommend Gateway as a valuable lending partner for funding business growth and capital needs,” said Mehir Sethi, CEO, True + Luscious.
Partnering with Gateway has provided them with the funding to take on a second large order, truly allowing their business to grow.
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.