A Global Supply Chain Management Company supplying Dollar Stores with warehouse equipment had exceeded its internal funding capability. They needed to seek new outside funding so they would not lose new business opportunities. An industry colleague and current Gateway Trade Funding client suggested they call Gateway to see if purchase order financing could help.
Gateway successfully provided the global supply chain management company with a $1,000,000 PO facility.
“It was and continues to be a pleasure to work with the entire Gateway Trade Funding team, all of whom are pleasant and professional. If we didn’t enter into an agreement with Gateway Trade Funding, we would have been forced to seek out alternative financial support, potentially losing significant margin,” said the President of the Global Supply Chain Management Company.
Because of the financing from Gateway, the company was able to capture an additional $1,000,000 in new business, increasing their sales and fund ongoing new business growth.
“The best testament to the hard work and dedication of our team to helping our clients is when a happy client refers another company to us. In this case, it allowed us to help a terrific company turn around their working capital shortfall and grow their business,” said Mark Polinsky, Principal, 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.