Essex Capital Group Closes $1.25 Million Bridge Facility for a Specialty Contract Manufacturer

Essex Capital Group recently closed a $1.25 million bridge facility in just 3 days for a specialty contract manufacturer that had secured a substantial sales order. The company lacked the liquidity on its balance sheet to purchase the raw materials required to fulfill the order. Without immediate access to capital, they risked losing the contract—and the significant revenue tied to it.

Essex Capital Group's financing allowed them to:

• Procure inventory immediately to meet a high-value order
• Preserve the customer relationship by delivering on time

Essex Capital Group provides bridge loans ranging from $200,000 to $10 million, with closings often completed in a matter of days.