BridgingFactor Provides $500,000 Factoring Facility to Growing Food Distributor
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 05/09/13 -- BridgingFactor Inc., recently provided a $500,000 factoring facility to a Mississauga based distributor of ethnic foods.
Kevin Westfall, director at BridgingFactor commented, "Primarily selling to smaller retailers, the company recently secured orders with major retailers, leading to a significant increase in sales. Without the equity to support an increase in their line of credit, factoring provided the solution to their cash flow needs. They sought term sheets from several factoring providers; they preferred our straightforward, open approach."
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: 09.05.2013 - 07:03 Uhr
Sprache: Deutsch
News-ID 1225495
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TORONTO, ONTARIO
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Commercial & Investment Banking
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