- Ares Commercial Finance Served as Lead and Agent for the Financing of a $210 Million Senior Secured Cross-Border Revolving Line of Credit to MicroStar Logistics
- Fifth Third Bank Provides New $100 Million Senior Credit Facility for E-Commerce Retailer
- Gateway Trade Funding Provides More Than $3.4 Million in Stretch Finance Facilities Across North America in Just 10 Days
- Eclipse Business Capital Provides $28.5MM To Support the Acquisition of Flooring Products Distributor
- TAB Bank Delivers $3.5 Million Factoring Facility to Indiana-Based Cadillac Coffee Company
Gateway Trade Funding Completes 13 Stretch Finance Transactions Totaling More Than $3,000,000
October 16, 2023
Source: Gateway Stretch Finance
Gateway Stretch Finance is increasingly making its mark by recently assisting 13 more companies with working capital, inventory, supplier deposits before shipping and work in process transactions.
• A $750,000 facility to a US promotional company to fund the acquisition of another business.
• A $750,000 facility for working capital and inventory for a US eCommerce apparel company.
• A $60,000 facility for a US manufacturer of vitamins and other supplements to fund working capital.
• A $200,000 facility for a US importer of cell phone accessories and electronics to fund working capital and inventory.
• A $250,000 facility for a US importer of footwear selling to US retailers to fund inventory.
• A $70,000 facility for a US staffing company to fund working capital.
• A $40,000 facility for a US provider of virtual tutoring services to fund working capital.
• A $50,000 facility for a Canadian importer of LED lighting to fund inventory.
• A $150,000 facility for a US importer of apparel products to pay off an existing lender, which allowed a new factor to fund against the receivables.
• A $60,000 facility for a US heating and air conditioning company to fund working capital.
• A $50,000 facility for a Canadian provider of aluminum structures for the entertainment industry to fund inventory.
• A $350,000 facility for a Canadian developer of apps to fund working capital.
• A $80,000 facility for a Canadian manufacturer of store shelves to fund raw material purchases and working capital.
About Gateway Trade Funding
Gateway Trade Funding's services, such as PO Financing and Gateway Stretch Finance provide your clients access to the working capital they need, when they need it.
For additional information, please visit www.gatewaytradefunding.com.
• A $750,000 facility to a US promotional company to fund the acquisition of another business.
• A $750,000 facility for working capital and inventory for a US eCommerce apparel company.
• A $60,000 facility for a US manufacturer of vitamins and other supplements to fund working capital.
• A $200,000 facility for a US importer of cell phone accessories and electronics to fund working capital and inventory.
• A $250,000 facility for a US importer of footwear selling to US retailers to fund inventory.
• A $70,000 facility for a US staffing company to fund working capital.
• A $40,000 facility for a US provider of virtual tutoring services to fund working capital.
• A $50,000 facility for a Canadian importer of LED lighting to fund inventory.
• A $150,000 facility for a US importer of apparel products to pay off an existing lender, which allowed a new factor to fund against the receivables.
• A $60,000 facility for a US heating and air conditioning company to fund working capital.
• A $50,000 facility for a Canadian provider of aluminum structures for the entertainment industry to fund inventory.
• A $350,000 facility for a Canadian developer of apps to fund working capital.
• A $80,000 facility for a Canadian manufacturer of store shelves to fund raw material purchases and working capital.
About Gateway Trade Funding
Gateway Trade Funding's services, such as PO Financing and Gateway Stretch Finance provide your clients access to the working capital they need, when they need it.
For additional information, please visit www.gatewaytradefunding.com.
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